-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 E3JR1GLChWak8BOeKxRuxQfqq3i0C9MPMRAFT1zDukmePLmjIpD8HYiFTjQZENab
 v9pP+Cwy1UsL0bux0Tv5RQ==

<SEC-DOCUMENT>0001145443-10-001905.txt : 20100826
<SEC-HEADER>0001145443-10-001905.hdr.sgml : 20100826
<ACCEPTANCE-DATETIME>20100826060840
ACCESSION NUMBER:		0001145443-10-001905
CONFORMED SUBMISSION TYPE:	N-Q
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20100630
FILED AS OF DATE:		20100826
DATE AS OF CHANGE:		20100826
EFFECTIVENESS DATE:		20100826

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ELLSWORTH FUND LTD
		CENTRAL INDEX KEY:			0000793040
		IRS NUMBER:				133345139
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0930

	FILING VALUES:
		FORM TYPE:		N-Q
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-04656
		FILM NUMBER:		101038841

	BUSINESS ADDRESS:	
		STREET 1:		65 MADISON AVENUE
		STREET 2:		SUITE 550
		CITY:			MORRISTOWN
		STATE:			NJ
		ZIP:			07960
		BUSINESS PHONE:		(973) 631-1177

	MAIL ADDRESS:	
		STREET 1:		65 MADISON AVE
		STREET 2:		SUITE 550
		CITY:			MORRISTOWN
		STATE:			NJ
		ZIP:			07960

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	ELLSWORTH CONVERTIBLE GROWTH & INCOME FUND INC
		DATE OF NAME CHANGE:	19920703
</SEC-HEADER>
<DOCUMENT>
<TYPE>N-Q
<SEQUENCE>1
<FILENAME>d26992_n-q.htm
<TEXT>
<HTML>
   <HEAD>
      <TITLE>HTML</TITLE>
   </HEAD>
   <BODY>
      <DIV style="display:block; width: 900px;">
         <DIV style=" margin-left: 1in; display: block; ">
            <DIV style="font-weight: normal; font-size: 10pt; padding-left: 0pt; text-align: justify; text-decoration: none;  padding-top: 2px; line-height: 1.3; ">
               <P></P><BR><DIV style="text-decoration: none; line-height: 1.4; ">
                  <P></P>
                  <P style="font-size: 10pt; padding-left: 0pt; text-align: center; padding-top: 6px; line-height: 1.3; ">&#160;&#160;&#160;</P>
                  <P style="font-size: 10pt; padding-left: 0pt; text-align: center; padding-top: 6px; line-height: 1.3; ">&#160;&#160;</P>
                  <P style="font-size: 10pt; padding-left: 0pt; text-align: center; padding-top: 6px; line-height: 1.3; ">UNITED STATES<BR>SECURITIES AND EXCHANGE COMMISSION<BR>Washington, DC&#160;20549
                  </P>
                  <P style="font-size: 10pt; padding-left: 0pt; text-align: center; padding-top: 6px; line-height: 1.3; ">FORM N-Q</P>
                  <P style="font-size: 10pt; padding-left: 0pt; text-align: center; padding-top: 6px; line-height: 1.3; ">QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED<BR>MANAGEMENT INVESTMENT COMPANY
                  </P>
                  <P style="font-size: 10pt; padding-left: 0pt; text-align: center; padding-top: 6px; line-height: 1.3; ">Investment Company Act file number: 811-04656<BR>-------------------------------------------------------------------------------<BR>
Ellsworth Fund Ltd.
<BR>-------------------------------------------------------------------------------<BR>(Exact name of registrant as specified in&#160;charter)</P>
                  <P style="font-size: 10pt; padding-left: 0pt; text-align: center; padding-top: 6px; line-height: 1.3; ">65 Madison Avenue, Morristown, New Jersey 07960-7308<BR>-------------------------------------------------------------------------------<BR>(Address of principal executive offices) (Zip&#160;code)
                  </P>
                  <P style="font-size: 10pt; padding-left: 0pt; text-align: center; padding-top: 6px; line-height: 1.3; ">Thomas H. Dinsmore
<BR>Ellsworth Fund Ltd.<BR>65 Madison Avenue<BR>Morristown, New Jersey 07960-7308<BR>(Name and address of agent for service)
                  </P>
                  <P style="font-size: 10pt; padding-left: 0pt; text-align: center; padding-top: 6px; line-height: 1.3; ">Copy to:<BR>Steven B. King, Esq.<BR>Ballard Spahr LLP<BR>1735 Market Street, 51st Floor<BR>Philadelphia, PA 19103-7599
                  </P>
                  <P style="padding-left: 0pt; text-align: justify; padding-top: 6px; line-height: 1.3; ">Registrant's telephone number, including area code: 973-631-1177</P>
                  <P style="padding-left: 0pt; text-align: justify; padding-top: 6px; line-height: 1.3; ">Date of fiscal year&#160;end: September 30, 2010</P>
                  <P style="padding-left: 0pt; text-align: justify; padding-top: 6px; line-height: 1.3; ">Date of reporting period: June 30, 2010</P>
                  <P style="padding-left: 0pt; text-align: justify; padding-top: 6px; line-height: 1.3; ">ITEM 1. SCHEDULE OF INVESTMENTS.</P>
               </DIV>
            </DIV>
         </DIV>
         			<HR style="margin-left: 50px;" NOSHADE ALIGN="CENTER" WIDTH="900px" SIZE=4>
         			<P STYLE='PAGE-BREAK-BEFORE: ALWAYS'></P>
         			<PAGE>

      </DIV>
      <DIV style="display:block; width: 900px;">
         <DIV style=" margin-left: 1in; display: block; ">
            <DIV style="font-weight: normal; font-size: 10pt; padding-left: 0pt; text-align: justify; text-decoration: none;  padding-top: 2px; line-height: 1.3; ">
               <DIV style="text-decoration: none; line-height: 1.4; ">
                  <P style="padding-left: 0pt; text-align: justify; padding-top: 2px; line-height: 1.3; "><I><B>Ellsworth Fund Ltd. - Portfolio of Investments&#160;<BR>(unaudited)</B></I></P>
                  <TABLE cellspacing="0" cellpadding="0" border="0" align="center" style="font-size: 10pt; table-layout: auto; overflow: visible; padding-top: 0; padding-bottom: 0; vertical-align: bottom; width: 554.4000000000001pt; ">
                     <TR>
                        <TD style="font-size: 1pt;">&#160;</TD>
                        <TD style="width: 381.2pt; font-size: 1pt;">&#160;</TD>
                        <TD style="font-size: 1pt;">&#160;</TD>
                        <TD style="font-size: 1pt;">&#160;</TD>
                        <TD style="width: 52.7pt; font-size: 1pt;">&#160;</TD>
                        <TD style="font-size: 1pt;">&#160;</TD>
                        <TD style="font-size: 1pt;">&#160;</TD>
                        <TD style="width: 11.8pt; font-size: 1pt;">&#160;</TD>
                        <TD style="font-size: 1pt;">&#160;</TD>
                        <TD style="font-size: 1pt;">&#160;</TD>
                        <TD style="width: 58.3pt; font-size: 1pt;">&#160;</TD>
                        <TD style="font-size: 1pt;">&#160;</TD>
                     </TR>
                     <DIV>
                        <TR cont_lvl="1" style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; font-size: 8pt; background-color: white; color: black; line-height: 1.2; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; ">June 30, 2010</TD>
                           <TD style="text-align: left; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; width: 15px; ">&#160;</TD>
                           <TD style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; width: 15px; ">&#160;</TD>
                           <TD colspan="1" style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; ">&#160;</TD>
                           <TD style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; width: 15px; ">&#160;</TD>
                           <TD style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; width: 15px; ">&#160;</TD>
                           <TD colspan="1" style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; ">&#160;</TD>
                           <TD style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; width: 15px; ">&#160;</TD>
                           <TD style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; width: 15px; ">&#160;</TD>
                           <TD colspan="1" style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; ">&#160;</TD>
                           <TD style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; ">&#160;</TD>
                        </TR>
                        <TR cont_lvl="2" style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: center; vertical-align: bottom; font-size: 8pt; background-color: white; color: black; line-height: 1.2; ">&#160;</TD>
                           <TD colspan="1" style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; ">&#160;</TD>
                           <TD style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; width: 15px; ">&#160;</TD>
                           <TD style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; border-bottom: 1pt black solid; width: 15px; ">&#160;</TD>
                           <TD colspan="1" style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; border-bottom: 1pt black solid; ">Principal<BR> Amount
                           </TD>
                           <TD style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; border-bottom: 1pt black solid; width: 15px; ">&#160;</TD>
                           <TD style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; width: 15px; ">&#160;</TD>
                           <TD colspan="1" style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; ">&#160;</TD>
                           <TD style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; width: 15px; ">&#160;</TD>
                           <TD style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; border-bottom: 1pt black solid; width: 15px; ">&#160;</TD>
                           <TD colspan="1" style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; border-bottom: 1pt black solid; ">Value<BR>(Note 1)
                           </TD>
                           <TD style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; border-bottom: 1pt black solid; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; "><B>CONVERTIBLE BONDS AND NOTES - 74.3%</B></TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; padding-left: 0pt; line-height: 1.3; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; "><B>Aerospace and Defense - 1.0%</B></TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">Alliant Techsystems Inc. 2.75%, due 2011 cv. sr. sub. notes (B1)</TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">$</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; text-align: right; ">1,000,000</TD>
                           <TD style=" color: black; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; border-bottom: 1pt black solid; text-indent: 0px; width: 15px; ">$</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; border-bottom: 1pt black solid; text-align: right; ">976,250</TD>
                           <TD style=" color: black; border-bottom: solid white 1pt; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; "><B>Automotive - 1.2%</B></TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; ">Titan International, Inc. 5.625%, due 2017 cv. sr. sub. notes (NR) (1)</TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; text-align: right; ">1,000,000</TD>
                           <TD bgcolor="#CCEEFF" style=" vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; border-bottom: 1pt black solid; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; border-bottom: 1pt black solid; text-align: right; ">1,188,750</TD>
                           <TD bgcolor="#CCEEFF" style=" border-bottom: solid #CCEEFF  1pt; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; "><B>Computer Hardware - 3.1%</B></TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">EMC Corp. 1.75%, due 2013 cv. sr. notes (A-)</TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; text-align: right; ">1,900,000</TD>
                           <TD style=" color: black; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; text-align: right; ">2,415,375</TD>
                           <TD style=" color: black; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; ">NETAPP, Inc. 1.75%, due 2013 cv. sr. notes (NR)</TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; text-align: right; ">500,000</TD>
                           <TD bgcolor="#CCEEFF" style=" vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; border-bottom: 1pt black solid; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; border-bottom: 1pt black solid; text-align: right; ">645,000</TD>
                           <TD bgcolor="#CCEEFF" style=" border-bottom: solid #CCEEFF  1pt; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; border-bottom: 1pt black solid; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; border-bottom: 1pt black solid; text-align: right; ">3,060,375</TD>
                           <TD style=" color: black; border-bottom: solid white 1pt; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; "><B>Computer Software - 8.8%</B></TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">Blackboard Inc. 3.25%, due 2027 cv. sr. notes (BB-)</TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; text-align: right; ">1,500,000</TD>
                           <TD style=" color: black; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; text-align: right; ">1,492,500</TD>
                           <TD style=" color: black; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; ">GSI Commerce, Inc. 2.5%, due 2027 cv. sr. notes (NR)</TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; text-align: right; ">1,000,000</TD>
                           <TD bgcolor="#CCEEFF" style=" vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; text-align: right; ">1,126,250</TD>
                           <TD bgcolor="#CCEEFF" style=" vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">Microsoft Corp. 0%, due 2013 cv. sr. notes (AAA) (2)</TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; text-align: right; ">500,000</TD>
                           <TD style=" color: black; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; text-align: right; ">495,625</TD>
                           <TD style=" color: black; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; ">Nuance Communications Inc. 2.75%, due 2027 cv. sr. deb. (B-)</TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; text-align: right; ">2,000,000</TD>
                           <TD bgcolor="#CCEEFF" style=" vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; text-align: right; ">2,100,000</TD>
                           <TD bgcolor="#CCEEFF" style=" vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">Rovi Corp. 2.625%, due 2040 cv. sr. notes (NR) (1)</TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; text-align: right; ">1,000,000</TD>
                           <TD style=" color: black; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; text-align: right; ">1,022,500</TD>
                           <TD style=" color: black; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; ">Salesforce.com, Inc. 0.75%, due 2015 cv. sr. notes (NR) (1)</TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; text-align: right; ">750,000</TD>
                           <TD bgcolor="#CCEEFF" style=" vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; text-align: right; ">870,938</TD>
                           <TD bgcolor="#CCEEFF" style=" vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">Sybase, Inc. 3.5%, due 2029 cv. sr. notes (NR)</TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; text-align: right; ">1,000,000</TD>
                           <TD style=" color: black; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; border-bottom: 1pt black solid; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; border-bottom: 1pt black solid; text-align: right; ">1,475,000</TD>
                           <TD style=" color: black; border-bottom: solid white 1pt; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; border-bottom: 1pt black solid; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; border-bottom: 1pt black solid; text-align: right; ">8,582,813</TD>
                           <TD bgcolor="#CCEEFF" style=" border-bottom: solid #CCEEFF  1pt; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; "><B>Construction Material - 1.0%</B></TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; font-size: 10pt; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: bottom; font-size: 10pt; padding-left: 6pt; text-indent: -6pt; ">CEMEX, S.A.B. de C.V. 4.875%, due 2015 cv. sub. notes (NR)<BR> (exchangeable for ADS representing common shares) (1)
                           </TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; font-size: 10pt; padding-left: 6pt; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; text-align: right; ">1,000,000</TD>
                           <TD bgcolor="#CCEEFF" style=" vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; border-bottom: 1pt black solid; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; border-bottom: 1pt black solid; text-align: right; ">993,750</TD>
                           <TD bgcolor="#CCEEFF" style=" border-bottom: solid #CCEEFF  1pt; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; "><B>Consumer Goods - 0.9%</B></TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">Regis Corp. 5%, due 2014 cv. sr. notes (NR)</TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; text-align: right; ">750,000</TD>
                           <TD style=" color: black; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; border-bottom: 1pt black solid; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; border-bottom: 1pt black solid; text-align: right; ">907,500</TD>
                           <TD style=" color: black; border-bottom: solid white 1pt; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; "><B>Containers - 0.9%</B></TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; ">Owens-Brockway Glass Container, Inc. 3%, due 2015 exch. sr. notes (NR) (1)</TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; text-align: right; ">1,000,000</TD>
                           <TD bgcolor="#CCEEFF" style=" vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; border-bottom: 1pt black solid; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; border-bottom: 1pt black solid; text-align: right; ">923,750</TD>
                           <TD bgcolor="#CCEEFF" style=" border-bottom: solid #CCEEFF  1pt; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; "><B>Data Processing - 1.0%</B></TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">CSG Systems International, Inc. 3%, due 2017 cv. sr. sub. notes (NR) (1)</TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; text-align: right; ">1,000,000</TD>
                           <TD style=" color: black; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; border-bottom: 1pt black solid; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; border-bottom: 1pt black solid; text-align: right; ">972,500</TD>
                           <TD style=" color: black; border-bottom: solid white 1pt; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; "><B>Energy - 7.7%</B></TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; ">Covanta Holding Corp. 1%, due 2027 cv. sr. deb. (Ba3) (3)</TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; text-align: right; ">2,000,000</TD>
                           <TD bgcolor="#CCEEFF" style=" vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; text-align: right; ">1,865,000</TD>
                           <TD bgcolor="#CCEEFF" style=" vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">Goodrich Petroleum Corp. 5%, due 2029 cv. sr. notes (NR)</TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; text-align: right; ">1,000,000</TD>
                           <TD style=" color: black; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; text-align: right; ">800,000</TD>
                           <TD style=" color: black; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; ">McMoRan Exploration Co. 5.25%, due 2011 cv. sr. notes (NR)</TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; text-align: right; ">1,090,000</TD>
                           <TD bgcolor="#CCEEFF" style=" vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; text-align: right; ">1,166,300</TD>
                           <TD bgcolor="#CCEEFF" style=" vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">Oil States International, Inc. 2.375%, due 2025 contingent cv. sr. notes (NR)</TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; text-align: right; ">800,000</TD>
                           <TD style=" color: black; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; text-align: right; ">1,090,000</TD>
                           <TD style=" color: black; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; ">SunPower Corp. 1.25%, due 2027 cv. sr. deb. (NR)</TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; text-align: right; ">1,500,000</TD>
                           <TD bgcolor="#CCEEFF" style=" vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; text-align: right; ">1,290,000</TD>
                           <TD bgcolor="#CCEEFF" style=" vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">SunPower Corp. 4.5%, due 2015 sr. cash cv. deb. (NR) (1)</TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; text-align: right; ">750,000</TD>
                           <TD style=" color: black; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; text-align: right; ">581,250</TD>
                           <TD style=" color: black; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; font-size: 10pt; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: bottom; font-size: 10pt; padding-left: 6pt; text-indent: -6pt; ">Trina Solar Ltd. 4%, due 2013 cv. sr. notes (NR)<BR> (exchangeable for ADS representing common shares)
                           </TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; font-size: 10pt; padding-left: 6pt; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; text-align: right; ">500,000</TD>
                           <TD bgcolor="#CCEEFF" style=" vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; text-align: right; ">616,875</TD>
                           <TD bgcolor="#CCEEFF" style=" vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">Verenium Corp. 9%, due 2027 cv. sr. secured notes (NR)</TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; text-align: right; ">337,000</TD>
                           <TD style=" color: black; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; border-bottom: 1pt black solid; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; border-bottom: 1pt black solid; text-align: right; ">132,273</TD>
                           <TD style=" color: black; border-bottom: solid white 1pt; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; border-bottom: 1pt black solid; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; border-bottom: 1pt black solid; text-align: right; ">7,541,698</TD>
                           <TD bgcolor="#CCEEFF" style=" border-bottom: solid #CCEEFF  1pt; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; "><B>Financial Services - 5.9%</B></TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; ">Coinstar, Inc. 4%, due 2014 cv. sr. notes (BB)</TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; text-align: right; ">750,000</TD>
                           <TD bgcolor="#CCEEFF" style=" vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; text-align: right; ">960,938</TD>
                           <TD bgcolor="#CCEEFF" style=" vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">Old Republic International Corp. 8%, due 2012 cv. sr. notes (Baa1)</TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; text-align: right; ">1,500,000</TD>
                           <TD style=" color: black; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; text-align: right; ">1,788,750</TD>
                           <TD style=" color: black; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; ">Euronet Worldwide, Inc. 3.5%, due 2025 cv. deb. (B+) (3)</TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; text-align: right; ">1,250,000</TD>
                           <TD bgcolor="#CCEEFF" style=" vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; text-align: right; ">1,168,750</TD>
                           <TD bgcolor="#CCEEFF" style=" vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">Knight Capital Group, Inc. 3.5%, due 2015 cash cv. sr. sub. notes (NR) (1)</TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; text-align: right; ">1,000,000</TD>
                           <TD style=" color: black; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; text-align: right; ">911,300</TD>
                           <TD style=" color: black; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; ">National Financial Partners Corp. 4% due 2017 cv. sr. notes (NR)</TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; text-align: right; ">1,000,000</TD>
                           <TD bgcolor="#CCEEFF" style=" vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; border-bottom: 1pt black solid; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; border-bottom: 1pt black solid; text-align: right; ">950,000</TD>
                           <TD bgcolor="#CCEEFF" style=" border-bottom: solid #CCEEFF  1pt; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; border-bottom: 1pt black solid; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; border-bottom: 1pt black solid; text-align: right; ">5,779,738</TD>
                           <TD style=" color: black; border-bottom: solid white 1pt; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                     </DIV>
                  </TABLE>
               </DIV>
            </DIV>
         </DIV>
         			<HR style="margin-left: 50px;" NOSHADE ALIGN="CENTER" WIDTH="900px" SIZE=4>
         			<P STYLE='PAGE-BREAK-BEFORE: ALWAYS'></P>
         			<PAGE>

      </DIV>
      <DIV style="display:block; width: 900px;">
         <DIV style=" margin-left: 1in; display: block; ">
            <DIV style="font-weight: normal; font-size: 10pt; padding-left: 0pt; text-align: justify; text-decoration: none;  padding-top: 2px; line-height: 1.3; ">
               <DIV style="text-decoration: none; line-height: 1.4; ">
                  <P style="padding-left: 0pt; text-align: justify; padding-top: 2px; line-height: 1.3; "><I><B>Ellsworth Fund Ltd. - Portfolio of Investments&#160;<BR><I><B>(continued)</B></I></B></I></P>
                  <TABLE cellspacing="0" cellpadding="0" border="0" align="center" style="font-size: 10pt; table-layout: auto; overflow: visible; padding-top: 0; padding-bottom: 0; vertical-align: bottom; width: 555.0050000000001pt; ">
                     <TR>
                        <TD style="font-size: 1pt;">&#160;</TD>
                        <TD style="width: 381.55pt; font-size: 1pt;">&#160;</TD>
                        <TD style="font-size: 1pt;">&#160;</TD>
                        <TD style="font-size: 1pt;">&#160;</TD>
                        <TD style="width: 52.8pt; font-size: 1pt;">&#160;</TD>
                        <TD style="font-size: 1pt;">&#160;</TD>
                        <TD style="font-size: 1pt;">&#160;</TD>
                        <TD style="width: 12pt; font-size: 1pt;">&#160;</TD>
                        <TD style="font-size: 1pt;">&#160;</TD>
                        <TD style="font-size: 1pt;">&#160;</TD>
                        <TD style="width: 58.2pt; font-size: 1pt;">&#160;</TD>
                        <TD style="font-size: 1pt;">&#160;</TD>
                     </TR>
                     <DIV>
                        <TR cont_lvl="1" style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; font-size: 8pt; background-color: white; color: black; line-height: 1.2; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; ">June 30, 2010</TD>
                           <TD style="text-align: left; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; width: 15px; ">&#160;</TD>
                           <TD style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; width: 15px; ">&#160;</TD>
                           <TD colspan="1" style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; ">&#160;</TD>
                           <TD style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; width: 15px; ">&#160;</TD>
                           <TD style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; width: 15px; ">&#160;</TD>
                           <TD colspan="1" style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; ">&#160;</TD>
                           <TD style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; width: 15px; ">&#160;</TD>
                           <TD style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; width: 15px; ">&#160;</TD>
                           <TD colspan="1" style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; ">&#160;</TD>
                           <TD style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; ">&#160;</TD>
                        </TR>
                        <TR cont_lvl="2" style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: center; vertical-align: bottom; font-size: 8pt; background-color: white; color: black; line-height: 1.2; ">&#160;</TD>
                           <TD colspan="1" style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; ">&#160;</TD>
                           <TD style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; width: 15px; ">&#160;</TD>
                           <TD style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; border-bottom: 1pt black solid; width: 15px; ">&#160;</TD>
                           <TD colspan="1" style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; border-bottom: 1pt black solid; ">Principal<BR> Amount
                           </TD>
                           <TD style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; border-bottom: 1pt black solid; width: 15px; ">&#160;</TD>
                           <TD style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; width: 15px; ">&#160;</TD>
                           <TD colspan="1" style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; ">&#160;</TD>
                           <TD style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; width: 15px; ">&#160;</TD>
                           <TD style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; border-bottom: 1pt black solid; width: 15px; ">&#160;</TD>
                           <TD colspan="1" style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; border-bottom: 1pt black solid; ">Value<BR>(Note 1)
                           </TD>
                           <TD style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; border-bottom: 1pt black solid; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; "><B>CONVERTIBLE BONDS AND NOTES - continued</B></TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; "><B>Foods - 0.9%</B></TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">Central European Distribution Corp. 3%, due 2013 cv. sr. notes (B-)</TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">$</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; text-align: right; ">1,000,000</TD>
                           <TD style=" color: black; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; border-bottom: 1pt black solid; text-indent: 0px; width: 15px; ">$</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; border-bottom: 1pt black solid; text-align: right; ">838,750</TD>
                           <TD style=" color: black; border-bottom: solid white 1pt; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; "><B>Healthcare - 9.8%</B></TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; ">Charles River Laboratories Int'l, Inc. 2.25%, due 2013 cv sr notes (BB+)</TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; text-align: right; ">1,000,000</TD>
                           <TD bgcolor="#CCEEFF" style=" vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; text-align: right; ">961,250</TD>
                           <TD bgcolor="#CCEEFF" style=" vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; font-size: 10pt; background-color: white; color: black; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; font-size: 10pt; background-color: white; color: black; padding-left: 6pt; text-indent: -6pt; ">China Medical Technologies, Inc. 4%, due 2013 cv. sr. sub. notes (NR)<BR> (exchangeable for ADS representing common stock)
                           </TD>
                           <TD style="text-align: left; vertical-align: bottom; font-size: 10pt; background-color: white; color: black; padding-left: 6pt; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; text-align: right; ">1,500,000</TD>
                           <TD style=" color: black; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; text-align: right; ">993,750</TD>
                           <TD style=" color: black; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; ">Greatbatch, Inc. 2.25%, due 2013 cv. sub. deb. (NR) (3)</TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; text-align: right; ">1,500,000</TD>
                           <TD bgcolor="#CCEEFF" style=" vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; text-align: right; ">1,351,875</TD>
                           <TD bgcolor="#CCEEFF" style=" vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">Integra LifeSciences Holdings, 2.375%, due 2012 cv. sr. notes (NR)</TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; text-align: right; ">1,067,000</TD>
                           <TD style=" color: black; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; text-align: right; ">1,012,316</TD>
                           <TD style=" color: black; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; ">Kinetic Concepts, Inc. 3.25%, due 2015 cv. sr. notes (B+)</TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; text-align: right; ">1,500,000</TD>
                           <TD bgcolor="#CCEEFF" style=" vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; text-align: right; ">1,451,250</TD>
                           <TD bgcolor="#CCEEFF" style=" vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">LifePoint Hospitals Inc. 3.5%, due 2014 cv. sub. notes (B)</TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; text-align: right; ">1,000,000</TD>
                           <TD style=" color: black; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; text-align: right; ">928,750</TD>
                           <TD style=" color: black; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; ">Millipore Corp. 3.75%, due 2026 cv. sr. notes (BB-) (3)</TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; text-align: right; ">750,000</TD>
                           <TD bgcolor="#CCEEFF" style=" vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; text-align: right; ">940,313</TD>
                           <TD bgcolor="#CCEEFF" style=" vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">Omnicare, Inc. 3.25%, due 2035 cv. sr. deb. (B3) (3)</TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; text-align: right; ">850,000</TD>
                           <TD style=" color: black; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; text-align: right; ">707,625</TD>
                           <TD style=" color: black; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; ">SonoSite Inc. 3.75%, due 2014 cv. sr. notes (NR)</TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; text-align: right; ">1,250,000</TD>
                           <TD bgcolor="#CCEEFF" style=" vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; border-bottom: 1pt black solid; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; border-bottom: 1pt black solid; text-align: right; ">1,253,125</TD>
                           <TD bgcolor="#CCEEFF" style=" border-bottom: solid #CCEEFF  1pt; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; border-bottom: 1pt black solid; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; border-bottom: 1pt black solid; text-align: right; ">9,600,254</TD>
                           <TD style=" color: black; border-bottom: solid white 1pt; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; "><B>Metals and Mining - 2.3%</B></TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">Jaguar Mining, Inc. 4.5%, due 2014 cv. sr. notes (NR)</TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; text-align: right; ">1,000,000</TD>
                           <TD style=" color: black; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; text-align: right; ">958,750</TD>
                           <TD style=" color: black; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; ">Kaiser Aluminum Corp. 4.5%, due 2015 cash cv. sr. notes (NR) (1)</TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; text-align: right; ">1,000,000</TD>
                           <TD bgcolor="#CCEEFF" style=" vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; text-align: right; ">952,800</TD>
                           <TD bgcolor="#CCEEFF" style=" vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">United States Steel Corp. 4%, due 2014 cv. sr. notes (Ba2)</TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; text-align: right; ">250,000</TD>
                           <TD style=" color: black; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; border-bottom: 1pt black solid; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; border-bottom: 1pt black solid; text-align: right; ">350,938</TD>
                           <TD style=" color: black; border-bottom: solid white 1pt; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; border-bottom: 1pt black solid; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; border-bottom: 1pt black solid; text-align: right; ">2,262,488</TD>
                           <TD bgcolor="#CCEEFF" style=" border-bottom: solid #CCEEFF  1pt; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; "><B>Multi-Industry - 1.5%</B></TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; ">LSB Industries, Inc. 5.5%, due 2012 cv. sr. sub. deb. (NR)</TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; text-align: right; ">1,500,000</TD>
                           <TD bgcolor="#CCEEFF" style=" vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; border-bottom: 1pt black solid; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; border-bottom: 1pt black solid; text-align: right; ">1,456,875</TD>
                           <TD bgcolor="#CCEEFF" style=" border-bottom: solid #CCEEFF  1pt; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; "><B>Pharmaceuticals - 6.9%</B></TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">Amylin Pharmaceutical, Inc. 3%, due 2014 cv. sr. notes (NR)</TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; text-align: right; ">1,000,000</TD>
                           <TD style=" color: black; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; text-align: right; ">851,250</TD>
                           <TD style=" color: black; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; ">Cephalon, Inc. 2.5%, due 2014 cv. sr. sub. notes (NR)</TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; text-align: right; ">1,000,000</TD>
                           <TD bgcolor="#CCEEFF" style=" vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; text-align: right; ">1,055,000</TD>
                           <TD bgcolor="#CCEEFF" style=" vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">Endo Pharmaceuticals Holdings, Inc. 1.75%, due 2015 cv. sr. sub. notes (NR)</TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; text-align: right; ">1,000,000</TD>
                           <TD style=" color: black; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; text-align: right; ">950,000</TD>
                           <TD style=" color: black; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; font-size: 10pt; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: bottom; font-size: 10pt; padding-left: 6pt; text-indent: -6pt; ">Mylan Laboratories, Inc. 1.25%, due 2012 cv. sr. notes (BB-)<BR> (convertible into Mylan Inc. common stock)
                           </TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; font-size: 10pt; padding-left: 6pt; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; text-align: right; ">1,500,000</TD>
                           <TD bgcolor="#CCEEFF" style=" vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; text-align: right; ">1,500,000</TD>
                           <TD bgcolor="#CCEEFF" style=" vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">Onyx Pharmaceuticals, Inc. 4%, due 2016 cv. sr. notes (NR)</TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; text-align: right; ">750,000</TD>
                           <TD style=" color: black; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; text-align: right; ">698,438</TD>
                           <TD style=" color: black; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; font-size: 10pt; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: bottom; font-size: 10pt; padding-left: 6pt; text-indent: -6pt; ">Teva Pharmaceutical Finance Co. B.V. 1.75%, due 2026 cv. sr. deb. (A3)<BR> (exchangeable for Teva Pharmaceutical Industries Ltd. ADR)
                           </TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; font-size: 10pt; padding-left: 6pt; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; text-align: right; ">1,500,000</TD>
                           <TD bgcolor="#CCEEFF" style=" vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; border-bottom: 1pt black solid; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; border-bottom: 1pt black solid; text-align: right; ">1,725,000</TD>
                           <TD bgcolor="#CCEEFF" style=" border-bottom: solid #CCEEFF  1pt; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; border-bottom: 1pt black solid; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; border-bottom: 1pt black solid; text-align: right; ">6,779,688</TD>
                           <TD style=" color: black; border-bottom: solid white 1pt; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; "><B>Real Estate - 2.8%</B></TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">Annaly Capital Management, Inc. 4%, due 2015 cv. sr. notes (NR)</TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; text-align: right; ">1,250,000</TD>
                           <TD style=" color: black; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; text-align: right; ">1,287,500</TD>
                           <TD style=" color: black; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; ">Corporate Office Properties, L.P. 4.25% due 2030 exch. sr. notes (NR) (1)</TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; text-align: right; ">500,000</TD>
                           <TD bgcolor="#CCEEFF" style=" vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; text-align: right; ">478,750</TD>
                           <TD bgcolor="#CCEEFF" style=" vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">Lexington Realty Trust 6%, due 2030 cv. guaranteed notes (NR) (1)</TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; text-align: right; ">1,000,000</TD>
                           <TD style=" color: black; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; border-bottom: 1pt black solid; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; border-bottom: 1pt black solid; text-align: right; ">995,000</TD>
                           <TD style=" color: black; border-bottom: solid white 1pt; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; border-bottom: 1pt black solid; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; border-bottom: 1pt black solid; text-align: right; ">2,761,250</TD>
                           <TD bgcolor="#CCEEFF" style=" border-bottom: solid #CCEEFF  1pt; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; "><B>Semiconductors - 2.3%</B></TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">Intel Corp. 2.95%, due 2035 jr. sub. cv. deb. (A-) (3)</TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; text-align: right; ">1,500,000</TD>
                           <TD style=" color: black; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; text-align: right; ">1,432,500</TD>
                           <TD style=" color: black; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; ">Intel Corp. 3.25%, due 2039 jr. sub. cv. deb. (A-)</TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; text-align: right; ">500,000</TD>
                           <TD bgcolor="#CCEEFF" style=" vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; text-align: right; ">565,625</TD>
                           <TD bgcolor="#CCEEFF" style=" vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">Xilinx, Inc. 2.625%, due 2017 cv. sr. notes (NR) (1)</TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; text-align: right; ">250,000</TD>
                           <TD style=" color: black; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; border-bottom: 1pt black solid; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; border-bottom: 1pt black solid; text-align: right; ">254,375</TD>
                           <TD style=" color: black; border-bottom: solid white 1pt; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; border-bottom: 1pt black solid; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; border-bottom: 1pt black solid; text-align: right; ">2,252,500</TD>
                           <TD bgcolor="#CCEEFF" style=" border-bottom: solid #CCEEFF  1pt; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                     </DIV>
                  </TABLE>
               </DIV>
            </DIV>
         </DIV>
         			<HR style="margin-left: 50px;" NOSHADE ALIGN="CENTER" WIDTH="900px" SIZE=4>
         			<P STYLE='PAGE-BREAK-BEFORE: ALWAYS'></P>
         			<PAGE>

      </DIV>
      <DIV style="display:block; width: 900px;">
         <DIV style=" margin-left: 1in; display: block; ">
            <DIV style="font-weight: normal; font-size: 10pt; padding-left: 0pt; text-align: justify; text-decoration: none;  padding-top: 2px; line-height: 1.3; ">
               <DIV style="text-decoration: none; line-height: 1.4; ">
                  <P style="padding-left: 0pt; text-align: justify; padding-top: 2px; line-height: 1.3; "><I><B>Ellsworth Fund Ltd. - Portfolio of Investments&#160;<BR>(continued)</B></I></P>
                  <TABLE cellspacing="0" cellpadding="0" border="0" align="center" style="font-size: 10pt; table-layout: auto; overflow: visible; padding-top: 0; padding-bottom: 0; vertical-align: bottom; width: 555.0050000000001pt; ">
                     <TR>
                        <TD style="font-size: 1pt;">&#160;</TD>
                        <TD style="width: 381.55pt; font-size: 1pt;">&#160;</TD>
                        <TD style="font-size: 1pt;">&#160;</TD>
                        <TD style="font-size: 1pt;">&#160;</TD>
                        <TD style="width: 52.8pt; font-size: 1pt;">&#160;</TD>
                        <TD style="font-size: 1pt;">&#160;</TD>
                        <TD style="font-size: 1pt;">&#160;</TD>
                        <TD style="width: 12pt; font-size: 1pt;">&#160;</TD>
                        <TD style="font-size: 1pt;">&#160;</TD>
                        <TD style="font-size: 1pt;">&#160;</TD>
                        <TD style="width: 58.2pt; font-size: 1pt;">&#160;</TD>
                        <TD style="font-size: 1pt;">&#160;</TD>
                     </TR>
                     <DIV>
                        <TR cont_lvl="1" style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; font-size: 8pt; background-color: white; color: black; line-height: 1.2; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; ">June 30, 2010</TD>
                           <TD style="text-align: left; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; width: 15px; ">&#160;</TD>
                           <TD style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; width: 15px; ">&#160;</TD>
                           <TD colspan="1" style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; ">&#160;</TD>
                           <TD style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; width: 15px; ">&#160;</TD>
                           <TD style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; width: 15px; ">&#160;</TD>
                           <TD colspan="1" style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; ">&#160;</TD>
                           <TD style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; width: 15px; ">&#160;</TD>
                           <TD style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; width: 15px; ">&#160;</TD>
                           <TD colspan="1" style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; ">&#160;</TD>
                           <TD style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; ">&#160;</TD>
                        </TR>
                        <TR cont_lvl="2" style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: center; vertical-align: bottom; font-size: 8pt; background-color: white; color: black; line-height: 1.2; ">&#160;</TD>
                           <TD colspan="1" style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; ">&#160;</TD>
                           <TD style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; width: 15px; ">&#160;</TD>
                           <TD style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; border-bottom: 1pt black solid; width: 15px; ">&#160;</TD>
                           <TD colspan="1" style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; border-bottom: 1pt black solid; ">Principal<BR> Amount
                           </TD>
                           <TD style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; border-bottom: 1pt black solid; width: 15px; ">&#160;</TD>
                           <TD style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; width: 15px; ">&#160;</TD>
                           <TD colspan="1" style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; ">&#160;</TD>
                           <TD style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; width: 15px; ">&#160;</TD>
                           <TD style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; border-bottom: 1pt black solid; width: 15px; ">&#160;</TD>
                           <TD colspan="1" style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; border-bottom: 1pt black solid; ">Value<BR>(Note 1)
                           </TD>
                           <TD style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; border-bottom: 1pt black solid; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; "><B>CONVERTIBLE BONDS AND NOTES - continued</B></TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; "><B>Telecommunications - 12.9%</B></TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">ADC Telecommunications Inc. 3.5%, due 2015 cv. sub. deb. (NR)</TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">$</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; text-align: right; ">1,575,000</TD>
                           <TD style=" color: black; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">$</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; text-align: right; ">1,291,500</TD>
                           <TD style=" color: black; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; ">Anixter International Inc. 1%, due 2013 cv. sr. notes (BB-)</TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; text-align: right; ">1,500,000</TD>
                           <TD bgcolor="#CCEEFF" style=" vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; text-align: right; ">1,370,625</TD>
                           <TD bgcolor="#CCEEFF" style=" vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">CommScope, Inc. 3.25%, due 2015 cv. sr. sub. notes (B)</TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; text-align: right; ">1,000,000</TD>
                           <TD style=" color: black; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; text-align: right; ">1,093,750</TD>
                           <TD style=" color: black; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; ">Comtech Telecommunications Corp. 3%, due 2029 cv. sr. notes (NR)</TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; text-align: right; ">1,000,000</TD>
                           <TD bgcolor="#CCEEFF" style=" vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; text-align: right; ">1,035,000</TD>
                           <TD bgcolor="#CCEEFF" style=" vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">Equinix, Inc. 2.5%, due 2012 cv. sub. notes (B-)</TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; text-align: right; ">1,200,000</TD>
                           <TD style=" color: black; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; text-align: right; ">1,213,500</TD>
                           <TD style=" color: black; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; ">Equinix, Inc. 4.75%, due 2016 cv. sub. notes (B-)</TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; text-align: right; ">1,015,000</TD>
                           <TD bgcolor="#CCEEFF" style=" vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; text-align: right; ">1,205,313</TD>
                           <TD bgcolor="#CCEEFF" style=" vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">Finisar Corp. 5%, due 2029 cv. sr. notes (NR)</TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; text-align: right; ">500,000</TD>
                           <TD style=" color: black; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; text-align: right; ">775,000</TD>
                           <TD style=" color: black; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; ">NII Holdings, Inc. 2.75%, due 2025 cv. notes (B-)</TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; text-align: right; ">1,000,000</TD>
                           <TD bgcolor="#CCEEFF" style=" vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; text-align: right; ">1,003,750</TD>
                           <TD bgcolor="#CCEEFF" style=" vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">SAVVIS, Inc. 3%, due 2012 cv. sr. notes (NR)</TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; text-align: right; ">2,000,000</TD>
                           <TD style=" color: black; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; text-align: right; ">1,890,000</TD>
                           <TD style=" color: black; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; ">SBA Communications Corp. 4%, due 2014 cv. sr. notes (NR)</TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; text-align: right; ">1,000,000</TD>
                           <TD bgcolor="#CCEEFF" style=" vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; text-align: right; ">1,282,500</TD>
                           <TD bgcolor="#CCEEFF" style=" vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">SBA Communications Corp. 1.875%, due 2013 cv. sr. notes (NR)</TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; text-align: right; ">500,000</TD>
                           <TD style=" color: black; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; border-bottom: 1pt black solid; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; border-bottom: 1pt black solid; text-align: right; ">505,000</TD>
                           <TD style=" color: black; border-bottom: solid white 1pt; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; border-bottom: 1pt black solid; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; border-bottom: 1pt black solid; text-align: right; ">12,665,938</TD>
                           <TD bgcolor="#CCEEFF" style=" border-bottom: solid #CCEEFF  1pt; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; "><B>Transportation - 1.7%</B></TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; ">DryShips Inc. 5%, due 2014 cv. sr. notes (NR)</TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; text-align: right; ">1,000,000</TD>
                           <TD bgcolor="#CCEEFF" style=" vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; text-align: right; ">741,250</TD>
                           <TD bgcolor="#CCEEFF" style=" vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">ExpressJet Holdings, Inc. 11.25%, due 2023 cv. notes (NR)</TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; text-align: right; ">900,000</TD>
                           <TD style=" color: black; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; border-bottom: 1pt black solid; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; border-bottom: 1pt black solid; text-align: right; ">912,375</TD>
                           <TD style=" color: black; border-bottom: solid white 1pt; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; border-bottom: 1pt black solid; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; border-bottom: 1pt black solid; text-align: right; ">1,653,625</TD>
                           <TD bgcolor="#CCEEFF" style=" border-bottom: solid #CCEEFF  1pt; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; "><B>Travel and Leisure - 1.5%</B></TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; ">MGM Mirage 4.25%, due 2015 cv. sr. notes (Caa1) (1)</TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; text-align: right; ">1,000,000</TD>
                           <TD bgcolor="#CCEEFF" style=" vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; text-align: right; ">796,250</TD>
                           <TD bgcolor="#CCEEFF" style=" vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">Morgans Hotel Group 2.375%, due 2014 cv. sr. sub. notes (NR)</TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; text-align: right; ">1,000,000</TD>
                           <TD style=" color: black; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; border-bottom: 1pt black solid; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; border-bottom: 1pt black solid; text-align: right; ">720,000</TD>
                           <TD style=" color: black; border-bottom: solid white 1pt; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; border-bottom: 1pt black solid; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; border-bottom: 1pt black solid; text-align: right; ">1,516,250</TD>
                           <TD bgcolor="#CCEEFF" style=" border-bottom: solid #CCEEFF  1pt; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; "><B>TOTAL CONVERTIBLE BONDS AND NOTES</B></TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; border-bottom: 1pt black solid; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; border-bottom: 1pt black solid; text-align: right; ">72,714,742</TD>
                           <TD bgcolor="#CCEEFF" style=" border-bottom: solid #CCEEFF  1pt; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; "><B>CORPORATE BONDS AND NOTES - 0.4%</B></TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; "><B>Finance - 0.4%</B></TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">Lehman Brothers Holdings Inc. 6%, due 2010 medium-term notes (NR) (4)</TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; text-align: right; ">50,000</TD>
                           <TD style=" color: black; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; text-align: right; ">193,500</TD>
                           <TD style=" color: black; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; ">Lehman Brothers Holdings Inc. 1%, due 2009 medium-term notes (NR) (4)</TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; text-align: right; ">1,500,000</TD>
                           <TD bgcolor="#CCEEFF" style=" vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; border-bottom: 1pt black solid; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; border-bottom: 1pt black solid; text-align: right; ">232,500</TD>
                           <TD bgcolor="#CCEEFF" style=" border-bottom: solid #CCEEFF  1pt; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; border-bottom: 1pt black solid; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; border-bottom: 1pt black solid; text-align: right; ">426,000</TD>
                           <TD style=" color: black; border-bottom: solid white 1pt; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; "><B>TOTAL CORPORATE BONDS AND NOTES</B></TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; border-bottom: 1pt black solid; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; border-bottom: 1pt black solid; text-align: right; ">426,000</TD>
                           <TD style=" color: black; border-bottom: solid white 1pt; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                        </TR>
                        <TR cont_lvl="1" style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: center; vertical-align: bottom; font-size: 8pt; line-height: 1.2; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; line-height: 1.2; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; line-height: 1.2; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; line-height: 1.2; border-bottom: 1pt black solid; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; line-height: 1.2; border-bottom: 1pt black solid; ">Shares</TD>
                           <TD bgcolor="#CCEEFF" style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; line-height: 1.2; border-bottom: 1pt black solid; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; line-height: 1.2; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; line-height: 1.2; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; line-height: 1.2; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; line-height: 1.2; border-bottom: 1pt black solid; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; line-height: 1.2; border-bottom: 1pt black solid; ">Value<BR>(Note 1)
                           </TD>
                           <TD bgcolor="#CCEEFF" style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; line-height: 1.2; border-bottom: 1pt black solid; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; "><B>CONVERTIBLE PREFERRED STOCKS - 8.7%</B></TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; "><B>Banking/Savings and Loan - 3.7%</B></TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; ">Bank of America Corp. 7.25% non-cum. perpetual cv. pfd., series L (Ba3)</TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; text-align: right; ">1,000</TD>
                           <TD bgcolor="#CCEEFF" style=" vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; text-align: right; ">908,000</TD>
                           <TD bgcolor="#CCEEFF" style=" vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">New York Community Bancorp, Inc. 6% BONUSES units (Baa2)</TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; text-align: right; ">24,000</TD>
                           <TD style=" color: black; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; text-align: right; ">1,104,000</TD>
                           <TD style=" color: black; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; ">Wells Fargo Corp. 7.5% perpetual cv. pfd., series L (Ba1)</TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; text-align: right; ">1,750</TD>
                           <TD bgcolor="#CCEEFF" style=" vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; border-bottom: 1pt black solid; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; border-bottom: 1pt black solid; text-align: right; ">1,629,250</TD>
                           <TD bgcolor="#CCEEFF" style=" border-bottom: solid #CCEEFF  1pt; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; border-bottom: 1pt black solid; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; border-bottom: 1pt black solid; text-align: right; ">3,641,250</TD>
                           <TD style=" color: black; border-bottom: solid white 1pt; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                     </DIV>
                  </TABLE>
               </DIV>
            </DIV>
         </DIV>
         			<HR style="margin-left: 50px;" NOSHADE ALIGN="CENTER" WIDTH="900px" SIZE=4>
         			<P STYLE='PAGE-BREAK-BEFORE: ALWAYS'></P>
         			<PAGE>

      </DIV>
      <DIV style="display:block; width: 900px;">
         <DIV style=" margin-left: 1in; display: block; ">
            <DIV style="font-weight: normal; font-size: 10pt; padding-left: 0pt; text-align: justify; text-decoration: none;  padding-top: 2px; line-height: 1.3; ">
               <DIV style="text-decoration: none; line-height: 1.4; ">
                  <P style="padding-left: 0pt; text-align: justify; padding-top: 2px; line-height: 1.3; "><I><B>Ellsworth Fund Ltd. - Portfolio of Investments&#160;<BR>(continued)</B></I></P>
                  <TABLE cellspacing="0" cellpadding="0" border="0" align="center" style="font-size: 10pt; table-layout: auto; overflow: visible; padding-top: 0; padding-bottom: 0; vertical-align: bottom; width: 555.005pt; ">
                     <TR>
                        <TD style="font-size: 1pt;">&#160;</TD>
                        <TD style="width: 380.95pt; font-size: 1pt;">&#160;</TD>
                        <TD style="font-size: 1pt;">&#160;</TD>
                        <TD style="font-size: 1pt;">&#160;</TD>
                        <TD style="width: 53.4pt; font-size: 1pt;">&#160;</TD>
                        <TD style="font-size: 1pt;">&#160;</TD>
                        <TD style="font-size: 1pt;">&#160;</TD>
                        <TD style="width: 12pt; font-size: 1pt;">&#160;</TD>
                        <TD style="font-size: 1pt;">&#160;</TD>
                        <TD style="font-size: 1pt;">&#160;</TD>
                        <TD style="width: 58.2pt; font-size: 1pt;">&#160;</TD>
                        <TD style="font-size: 1pt;">&#160;</TD>
                     </TR>
                     <DIV>
                        <TR cont_lvl="1" style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; font-size: 8pt; background-color: white; color: black; line-height: 1.2; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; ">June 30, 2010</TD>
                           <TD style="text-align: left; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; width: 15px; ">&#160;</TD>
                           <TD style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; width: 15px; ">&#160;</TD>
                           <TD colspan="1" style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; ">&#160;</TD>
                           <TD style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; width: 15px; ">&#160;</TD>
                           <TD style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; width: 15px; ">&#160;</TD>
                           <TD colspan="1" style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; ">&#160;</TD>
                           <TD style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; width: 15px; ">&#160;</TD>
                           <TD style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; width: 15px; ">&#160;</TD>
                           <TD colspan="1" style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; ">&#160;</TD>
                           <TD style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; ">&#160;</TD>
                        </TR>
                        <TR cont_lvl="2" style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: center; vertical-align: bottom; font-size: 8pt; background-color: white; color: black; line-height: 1.2; ">&#160;</TD>
                           <TD colspan="1" style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; ">&#160;</TD>
                           <TD style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; width: 15px; ">&#160;</TD>
                           <TD style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; border-bottom: 1pt black solid; width: 15px; ">&#160;</TD>
                           <TD colspan="1" style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; border-bottom: 1pt black solid; ">Shares</TD>
                           <TD style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; border-bottom: 1pt black solid; width: 15px; ">&#160;</TD>
                           <TD style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; width: 15px; ">&#160;</TD>
                           <TD colspan="1" style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; ">&#160;</TD>
                           <TD style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; width: 15px; ">&#160;</TD>
                           <TD style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; border-bottom: 1pt black solid; width: 15px; ">&#160;</TD>
                           <TD colspan="1" style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; border-bottom: 1pt black solid; ">Value<BR>(Note 1)
                           </TD>
                           <TD style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; border-bottom: 1pt black solid; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; "><B>CONVERTIBLE PREFERRED STOCKS - continued</B></TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; "><B>Energy - 3.2%</B></TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">ATP Oil &amp; Gas Corp. 8% perpetual cv. pfd. (NR) (1)</TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; text-align: right; ">7,500</TD>
                           <TD style=" color: black; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">$</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; text-align: right; ">460,313</TD>
                           <TD style=" color: black; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; ">Chesapeake Energy Corp. 5% cum. cv. pfd. (B)</TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; text-align: right; ">5,000</TD>
                           <TD bgcolor="#CCEEFF" style=" vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; text-align: right; ">408,500</TD>
                           <TD bgcolor="#CCEEFF" style=" vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">Chesapeake Energy Corp. 4.5% cum. cv. pfd. (B)</TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; text-align: right; ">16,360</TD>
                           <TD style=" color: black; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; text-align: right; ">1,333,340</TD>
                           <TD style=" color: black; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; ">Whiting Petroleum Corp. 6.25% perpetual cv. pfd. (B)</TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; text-align: right; ">5,000</TD>
                           <TD bgcolor="#CCEEFF" style=" vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; border-bottom: 1pt black solid; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; border-bottom: 1pt black solid; text-align: right; ">968,450</TD>
                           <TD bgcolor="#CCEEFF" style=" border-bottom: solid #CCEEFF  1pt; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; border-bottom: 1pt black solid; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; border-bottom: 1pt black solid; text-align: right; ">3,170,603</TD>
                           <TD style=" color: black; border-bottom: solid white 1pt; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; "><B>Foods - 1.0%</B></TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">Bunge Limited 4.875% cum. perpetual cv. pfd. (Ba1)</TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; text-align: right; ">12,500</TD>
                           <TD style=" color: black; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; border-bottom: 1pt black solid; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; border-bottom: 1pt black solid; text-align: right; ">990,625</TD>
                           <TD style=" color: black; border-bottom: solid white 1pt; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; "><B>Retail - 0.8%</B></TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; font-size: 10pt; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: bottom; font-size: 10pt; padding-left: 6pt; text-indent: -6pt; ">Amerivon Holdings LLC series A cv. pfd. units (NR)<BR> (Acquired 04/01/10; Cost $1,500,000) (1,5,6)
                           </TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; font-size: 10pt; padding-left: 6pt; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; text-align: right; ">562,695</TD>
                           <TD bgcolor="#CCEEFF" style=" vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; border-bottom: 1pt black solid; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; border-bottom: 1pt black solid; text-align: right; ">750,000</TD>
                           <TD bgcolor="#CCEEFF" style=" border-bottom: solid #CCEEFF  1pt; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; "><B>TOTAL CONVERTIBLE PREFERRED STOCKS</B></TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; border-bottom: 1pt black solid; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; border-bottom: 1pt black solid; text-align: right; ">8,552,478</TD>
                           <TD bgcolor="#CCEEFF" style=" border-bottom: solid #CCEEFF  1pt; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; "><B>MANDATORY CONVERTIBLE SECURITIES - 7.1% (7)</B></TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; "><B>Energy - 2.3%</B></TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">Great Plains Energy, Inc. 12%, due 06/15/12 equity units (NR) (2)</TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; text-align: right; ">20,000</TD>
                           <TD style=" color: black; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; text-align: right; ">1,195,000</TD>
                           <TD style=" color: black; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; font-size: 10pt; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: bottom; font-size: 10pt; padding-left: 6pt; text-indent: -6pt; ">Merrill Lynch &amp; Co., Inc. 5.40%, due 09/27/10 PRIDES (A+)<BR> (linked to the performance of ConocoPhillips common stock)
                           </TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; font-size: 10pt; padding-left: 6pt; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; text-align: right; ">2,000</TD>
                           <TD bgcolor="#CCEEFF" style=" vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; border-bottom: 1pt black solid; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; border-bottom: 1pt black solid; text-align: right; ">1,100,410</TD>
                           <TD bgcolor="#CCEEFF" style=" border-bottom: solid #CCEEFF  1pt; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; border-bottom: 1pt black solid; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; border-bottom: 1pt black solid; text-align: right; ">2,295,410</TD>
                           <TD style=" color: black; border-bottom: solid white 1pt; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; "><B>Finance - 1.2%</B></TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">Citigroup, Inc. T-DECS 7.5%, due 12/15/12 (NR)</TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; text-align: right; ">10,000</TD>
                           <TD style=" color: black; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; border-bottom: 1pt black solid; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; border-bottom: 1pt black solid; text-align: right; ">1,129,900</TD>
                           <TD style=" color: black; border-bottom: solid white 1pt; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; "><B>Foods - 1.4%</B></TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; ">2009 Dole Food ACES Trust 7%, due 11/1/2012 (NR)</TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">(exchangeable for Dole Food Company, Inc. common stock) (1)</TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; text-align: right; ">130,000</TD>
                           <TD style=" color: black; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; border-bottom: 1pt black solid; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; border-bottom: 1pt black solid; text-align: right; ">1,409,694</TD>
                           <TD style=" color: black; border-bottom: solid white 1pt; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; "><B>Home Building - 0.3%</B></TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; ">Beazer Homes USA, Inc. tangible equity units 7.25%, due 8/15/2013 (NR)</TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; text-align: right; ">17,500</TD>
                           <TD bgcolor="#CCEEFF" style=" vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; border-bottom: 1pt black solid; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; border-bottom: 1pt black solid; text-align: right; ">321,125</TD>
                           <TD bgcolor="#CCEEFF" style=" border-bottom: solid #CCEEFF  1pt; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; "><B>Metals and Mining - 1.8%</B></TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; font-size: 10pt; background-color: white; color: black; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; font-size: 10pt; background-color: white; color: black; padding-left: 6pt; text-indent: -6pt; ">Vale Capital II 6.75%, due 06/15/12 mandatory cv. notes (BBBH)<BR> (exchangeable for ADS representing Vale S.A. common stock)
                           </TD>
                           <TD style="text-align: left; vertical-align: bottom; font-size: 10pt; background-color: white; color: black; padding-left: 6pt; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; text-align: right; ">19,200</TD>
                           <TD style=" color: black; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; text-align: right; ">1,348,800</TD>
                           <TD style=" color: black; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; font-size: 10pt; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: bottom; font-size: 10pt; padding-left: 6pt; text-indent: -6pt; ">Vale Capital II 6.75%, due 06/15/12 mandatory cv. notes (BBBH)<BR> (exchangeable for ADS representing Vale S.A. preferred A shares)
                           </TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; font-size: 10pt; padding-left: 6pt; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; text-align: right; ">6,500</TD>
                           <TD bgcolor="#CCEEFF" style=" vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; border-bottom: 1pt black solid; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; border-bottom: 1pt black solid; text-align: right; ">457,145</TD>
                           <TD bgcolor="#CCEEFF" style=" border-bottom: solid #CCEEFF  1pt; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; border-bottom: 1pt black solid; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; border-bottom: 1pt black solid; text-align: right; ">1,805,945</TD>
                           <TD style=" color: black; border-bottom: solid white 1pt; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; "><B>TOTAL MANDATORY CONVERTIBLE SECURITIES (7)</B></TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; border-bottom: 1pt black solid; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; border-bottom: 1pt black solid; text-align: right; ">6,962,074</TD>
                           <TD style=" color: black; border-bottom: solid white 1pt; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; "><B>COMMON STOCKS - 3.7%</B></TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; "><B>Media and Entertainment - 1.0%</B></TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; ">The Walt Disney Company</TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; text-align: right; ">30,000</TD>
                           <TD bgcolor="#CCEEFF" style=" vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; border-bottom: 1pt black solid; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; border-bottom: 1pt black solid; text-align: right; ">945,000</TD>
                           <TD bgcolor="#CCEEFF" style=" border-bottom: solid #CCEEFF  1pt; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; "><B>Pharmaceuticals - 0.8%</B></TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">Merck &amp; Co.</TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; text-align: right; ">23,651</TD>
                           <TD style=" color: black; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; border-bottom: 1pt black solid; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; border-bottom: 1pt black solid; text-align: right; ">827,075</TD>
                           <TD style=" color: black; border-bottom: solid white 1pt; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                     </DIV>
                  </TABLE>
               </DIV>
            </DIV>
         </DIV>
         			<HR style="margin-left: 50px;" NOSHADE ALIGN="CENTER" WIDTH="900px" SIZE=4>
         			<P STYLE='PAGE-BREAK-BEFORE: ALWAYS'></P>
         			<PAGE>

      </DIV>
      <DIV style="display:block; width: 900px;">
         <DIV style=" margin-left: 1in; display: block; ">
            <DIV style="font-weight: normal; font-size: 10pt; padding-left: 0pt; text-align: justify; text-decoration: none;  padding-top: 2px; line-height: 1.3; ">
               <DIV style="text-decoration: none; line-height: 1.4; ">
                  <P style="padding-left: 0pt; text-align: justify; padding-top: 2px; line-height: 1.3; "><I><B>Ellsworth Fund Ltd. - Portfolio of Investments&#160;<BR>(continued)</B></I></P>
                  <TABLE cellspacing="0" cellpadding="0" border="0" align="center" style="font-size: 10pt; table-layout: auto; overflow: visible; padding-top: 0; padding-bottom: 0; vertical-align: bottom; width: 555.005pt; ">
                     <TR>
                        <TD style="font-size: 1pt;">&#160;</TD>
                        <TD style="width: 380.95pt; font-size: 1pt;">&#160;</TD>
                        <TD style="font-size: 1pt;">&#160;</TD>
                        <TD style="font-size: 1pt;">&#160;</TD>
                        <TD style="width: 53.4pt; font-size: 1pt;">&#160;</TD>
                        <TD style="font-size: 1pt;">&#160;</TD>
                        <TD style="font-size: 1pt;">&#160;</TD>
                        <TD style="width: 12pt; font-size: 1pt;">&#160;</TD>
                        <TD style="font-size: 1pt;">&#160;</TD>
                        <TD style="font-size: 1pt;">&#160;</TD>
                        <TD style="width: 58.2pt; font-size: 1pt;">&#160;</TD>
                        <TD style="font-size: 1pt;">&#160;</TD>
                     </TR>
                     <DIV>
                        <TR cont_lvl="1" style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; font-size: 8pt; background-color: white; color: black; line-height: 1.2; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; ">June 30, 2010</TD>
                           <TD style="text-align: left; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; width: 15px; ">&#160;</TD>
                           <TD style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; width: 15px; ">&#160;</TD>
                           <TD colspan="1" style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; ">&#160;</TD>
                           <TD style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; width: 15px; ">&#160;</TD>
                           <TD style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; width: 15px; ">&#160;</TD>
                           <TD colspan="1" style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; ">&#160;</TD>
                           <TD style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; width: 15px; ">&#160;</TD>
                           <TD style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; width: 15px; ">&#160;</TD>
                           <TD colspan="1" style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; ">&#160;</TD>
                           <TD style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; ">&#160;</TD>
                        </TR>
                        <TR cont_lvl="2" style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: center; vertical-align: bottom; font-size: 8pt; background-color: white; color: black; line-height: 1.2; ">&#160;</TD>
                           <TD colspan="1" style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; ">&#160;</TD>
                           <TD style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; width: 15px; ">&#160;</TD>
                           <TD style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; border-bottom: 1pt black solid; width: 15px; ">&#160;</TD>
                           <TD colspan="1" style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; border-bottom: 1pt black solid; ">Shares</TD>
                           <TD style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; border-bottom: 1pt black solid; width: 15px; ">&#160;</TD>
                           <TD style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; width: 15px; ">&#160;</TD>
                           <TD colspan="1" style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; ">&#160;</TD>
                           <TD style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; width: 15px; ">&#160;</TD>
                           <TD style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; border-bottom: 1pt black solid; width: 15px; ">&#160;</TD>
                           <TD colspan="1" style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; border-bottom: 1pt black solid; ">Value<BR>(Note 1)
                           </TD>
                           <TD style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; border-bottom: 1pt black solid; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; "><B>COMMON STOCKS - continued</B></TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; "><B>Telecommunications - 1.9%</B></TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; ">AT&amp;T, Inc.</TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; text-align: right; ">40,000</TD>
                           <TD bgcolor="#CCEEFF" style=" vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">$</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; text-align: right; ">967,600</TD>
                           <TD bgcolor="#CCEEFF" style=" vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">Verizon Communications, Inc.</TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; text-align: right; ">32,000</TD>
                           <TD style=" color: black; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; border-bottom: 1pt black solid; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; border-bottom: 1pt black solid; text-align: right; ">896,640</TD>
                           <TD style=" color: black; border-bottom: solid white 1pt; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; border-bottom: 1pt black solid; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; border-bottom: 1pt black solid; text-align: right; ">1,864,240</TD>
                           <TD bgcolor="#CCEEFF" style=" border-bottom: solid #CCEEFF  1pt; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; "><B>TOTAL COMMON STOCKS</B></TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; border-bottom: 1pt black solid; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; border-bottom: 1pt black solid; text-align: right; ">3,636,315</TD>
                           <TD bgcolor="#CCEEFF" style=" border-bottom: solid #CCEEFF  1pt; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; "><B>Total Convertible Bonds and Notes - 74.3%</B></TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">$</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; text-align: right; ">72,714,742</TD>
                           <TD style=" color: black; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; "><B>Total Corporate Bonds and Notes - 0.4%</B></TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; text-align: right; ">426,000</TD>
                           <TD bgcolor="#CCEEFF" style=" vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; "><B>Total Convertible Preferred Stocks - 8.8%</B></TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; text-align: right; ">8,552,478</TD>
                           <TD style=" color: black; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; "><B>Total Mandatory Convertible Securities - 7.1%</B></TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; text-align: right; ">6,962,074</TD>
                           <TD bgcolor="#CCEEFF" style=" vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; "><B>Total Common Stocks - 3.7%</B></TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; border-bottom: 1pt black solid; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; border-bottom: 1pt black solid; text-align: right; ">3,636,315</TD>
                           <TD style=" color: black; border-bottom: solid white 1pt; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; "><B>Total Investments - 94.3%</B></TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; text-align: right; ">92,291,609</TD>
                           <TD bgcolor="#CCEEFF" style=" vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; "><B>Other assets and liabilities, net - 5.7%</B></TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; border-bottom: 1pt black solid; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; border-bottom: 1pt black solid; text-align: right; ">5,583,246</TD>
                           <TD bgcolor="#CCEEFF" style=" border-bottom: solid #CCEEFF  1pt; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; "><B>Total Net Assets - 100.0%</B></TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; border-bottom: 2pt black double; text-indent: 0px; width: 15px; ">$</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; border-bottom: 2pt black double; text-align: right; ">97,874,855</TD>
                           <TD style=" color: black; border-bottom: solid white 2pt; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; ">&#160;</TD>
                        </TR>
                     </DIV>
                  </TABLE>
               </DIV>
            </DIV>
         </DIV>
         			<HR style="margin-left: 50px;" NOSHADE ALIGN="CENTER" WIDTH="900px" SIZE=4>
         			<P STYLE='PAGE-BREAK-BEFORE: ALWAYS'></P>
         			<PAGE>

      </DIV>
      <DIV style="display:block; width: 900px;">
         <DIV style=" margin-left: 1in; display: block; ">
            <DIV style="font-weight: normal; font-size: 10pt; padding-left: 0pt; text-align: justify; text-decoration: none;  padding-top: 2px; line-height: 1.3; ">
               <DIV style="text-decoration: none; line-height: 1.4; ">
                  <TABLE cellspacing="0" cellpadding="0" border="0" align="center" style="font-size: 10pt; table-layout: auto; overflow: visible; padding-top: 0; padding-bottom: 0; vertical-align: bottom; width: 554.29pt; ">
                     <TR>
                        <TD style="font-size: 1pt;">&#160;</TD>
                        <TD style="width: 503.9pt; font-size: 1pt;">&#160;</TD>
                        <TD style="font-size: 1pt;">&#160;</TD>
                     </TR>
                     <DIV>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">(1) Security not registered under the Securities Act of 1933, as
                              amended (the "Securities Act") (e.g., the security was purchased in a
                              Rule 144A or a Regulation D transaction). The security may be resold
                              only pursuant to an exemption from registration under the Securities
                              Act, typically to qualified institutional buyers. The Fund generally
                              has no rights to demand registration of such securities. The
                              aggregate market value of these unregistered securities at June 30,
                              2010 was $13,561,920 which represented 13.9% of the Fund's net assets.
                           </TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">(2) Non-income producing security.</TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">(3) Contingent payment debt instrument which accrues contingent interest.</TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">(4) Security is in default.</TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">(5) Investment is valued at fair value as determined in good faith
                              pursuant to procedures adopted by the Board of Trustees. It is
                              possible that the estimated value may differ significantly from the
                              amount that might ultimately be realized in the near term, and the
                              difference could be material. The fair value of these securities
                              amounted to $750,000 at June 30, 2010, which represented 0.8% of the
                              Fund's net assets.
                           </TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">(6) Restricted securities include securities that have not been
                              registered under the Securities Act and securities that are subject
                              to restrictions on resale. The Fund may invest in restricted
                              securities that are consistent with the Fund's investment objective
                              and investment strategies. As of June 30, 2010, the Fund was invested
                              in the following restricted securities:
                           </TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">Amerivon Holdings LLC units containing series A cv. pfd. shares and
                              common equity units, acquired April 1, 2010.
                           </TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">(7) Mandatory Convertible Securities are required to be converted on
                              the dates listed; they generally may be converted prior to these
                              dates at the option of the holder.
                           </TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; "><B>Investment Abbreviations</B></TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">ACES - Automatic Common Exchange Securities.</TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">ADR - American Depositary Receipts.</TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">ADS - American Depositary Shares.</TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">BONUSES - Bifurcated Option Note Unit Securities.</TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">PRIDES - Preferred Redeemable Increased Dividend Equity Securities.</TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">T-DECS - Tangible Dividend Enhanced Common Stock.</TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">Ratings in parentheses by Moody's Investors Service, Inc. or Standard
                              &amp; Poor's. NR is used whenever a rating is unavailable.
                           </TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                        </TR>
                     </DIV>
                  </TABLE>
                  <P style="padding-left: 0pt; text-indent: 20pt; text-align: justify; padding-top: 6px; line-height: 1.3; ">&#160;&#160;</P>
                  <TABLE cellspacing="0" cellpadding="0" border="0" align="center" style="font-size: 10pt; table-layout: auto; overflow: visible; padding-top: 0; padding-bottom: 0; vertical-align: bottom; width: 554.4000000000001pt; ">
                     <TR>
                        <TD style="font-size: 1pt;">&#160;</TD>
                        <TD style="width: 91.65pt; font-size: 1pt;">&#160;</TD>
                        <TD style="font-size: 1pt;">&#160;</TD>
                        <TD style="font-size: 1pt;">&#160;</TD>
                        <TD style="width: 44.25pt; font-size: 1pt;">&#160;</TD>
                        <TD style="font-size: 1pt;">&#160;</TD>
                        <TD style="font-size: 1pt;">&#160;</TD>
                        <TD style="width: 93.2pt; font-size: 1pt;">&#160;</TD>
                        <TD style="font-size: 1pt;">&#160;</TD>
                        <TD style="font-size: 1pt;">&#160;</TD>
                        <TD style="width: 274.9pt; font-size: 1pt;">&#160;</TD>
                        <TD style="font-size: 1pt;">&#160;</TD>
                     </TR>
                     <DIV>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="7" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; "><B>Summary of Portfolio Ratings *</B></TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: top; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: top; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: top; padding-left: 0pt; line-height: 1.3; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">AAA</TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style="vertical-align: bottom; font-size: 10pt; padding-left: 0pt; text-align: center; padding-top: 6px; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD colspan="1" style="vertical-align: bottom; font-size: 10pt; padding-left: 0pt; text-align: center; padding-top: 6px; line-height: 1.3; ">1%</TD>
                           <TD style="vertical-align: bottom; font-size: 10pt; padding-left: 0pt; text-align: center; padding-top: 6px; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style="text-align: left; vertical-align: middle; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: middle; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD style="text-align: left; vertical-align: middle; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style="text-align: left; vertical-align: top; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: top; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD style="text-align: left; vertical-align: top; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; ">AA</TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="vertical-align: bottom; font-size: 10pt; padding-left: 0pt; text-align: center; padding-top: 6px; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="vertical-align: bottom; font-size: 10pt; padding-left: 0pt; text-align: center; padding-top: 6px; line-height: 1.3; ">0%</TD>
                           <TD bgcolor="#CCEEFF" style="vertical-align: bottom; font-size: 10pt; padding-left: 0pt; text-align: center; padding-top: 6px; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: middle; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: middle; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: middle; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: top; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: top; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: top; padding-left: 0pt; line-height: 1.3; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">A</TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style="vertical-align: bottom; font-size: 10pt; padding-left: 0pt; text-align: center; padding-top: 6px; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD colspan="1" style="vertical-align: bottom; font-size: 10pt; padding-left: 0pt; text-align: center; padding-top: 6px; line-height: 1.3; ">8%</TD>
                           <TD style="vertical-align: bottom; font-size: 10pt; padding-left: 0pt; text-align: center; padding-top: 6px; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style="text-align: left; vertical-align: middle; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: middle; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD style="text-align: left; vertical-align: middle; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style="text-align: left; vertical-align: top; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: top; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD style="text-align: left; vertical-align: top; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; ">BBB</TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="vertical-align: bottom; font-size: 10pt; padding-left: 0pt; text-align: center; padding-top: 6px; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="vertical-align: bottom; font-size: 10pt; padding-left: 0pt; text-align: center; padding-top: 6px; line-height: 1.3; ">5%</TD>
                           <TD bgcolor="#CCEEFF" style="vertical-align: bottom; font-size: 10pt; padding-left: 0pt; text-align: center; padding-top: 6px; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: middle; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: middle; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: middle; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: top; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: top; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: top; padding-left: 0pt; line-height: 1.3; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">BB</TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style="vertical-align: bottom; font-size: 10pt; padding-left: 0pt; text-align: center; padding-top: 6px; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD colspan="1" style="vertical-align: bottom; font-size: 10pt; padding-left: 0pt; text-align: center; padding-top: 6px; line-height: 1.3; ">15%</TD>
                           <TD style="vertical-align: bottom; font-size: 10pt; padding-left: 0pt; text-align: center; padding-top: 6px; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style="text-align: left; vertical-align: middle; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: middle; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD style="text-align: left; vertical-align: middle; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style="text-align: left; vertical-align: top; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: top; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD style="text-align: left; vertical-align: top; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; ">B</TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="vertical-align: bottom; font-size: 10pt; padding-left: 0pt; text-align: center; padding-top: 6px; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="vertical-align: bottom; font-size: 10pt; padding-left: 0pt; text-align: center; padding-top: 6px; line-height: 1.3; ">17%</TD>
                           <TD bgcolor="#CCEEFF" style="vertical-align: bottom; font-size: 10pt; padding-left: 0pt; text-align: center; padding-top: 6px; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: middle; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: middle; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: middle; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: top; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: top; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: top; padding-left: 0pt; line-height: 1.3; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: bottom; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">CCC &amp; below</TD>
                           <TD style="text-align: left; vertical-align: bottom; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style="vertical-align: bottom; font-size: 10pt; padding-left: 0pt; text-align: center; padding-top: 6px; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD colspan="1" style="vertical-align: bottom; font-size: 10pt; padding-left: 0pt; text-align: center; padding-top: 6px; line-height: 1.3; ">1%</TD>
                           <TD style="vertical-align: bottom; font-size: 10pt; padding-left: 0pt; text-align: center; padding-top: 6px; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style="text-align: left; vertical-align: middle; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: middle; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD style="text-align: left; vertical-align: middle; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style="text-align: left; vertical-align: top; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: top; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD style="text-align: left; vertical-align: top; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; ">Not Rated</TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="vertical-align: bottom; font-size: 10pt; padding-left: 0pt; text-align: center; padding-top: 6px; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="vertical-align: bottom; font-size: 10pt; padding-left: 0pt; text-align: center; padding-top: 6px; line-height: 1.3; ">53%</TD>
                           <TD bgcolor="#CCEEFF" style="vertical-align: bottom; font-size: 10pt; padding-left: 0pt; text-align: center; padding-top: 6px; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: middle; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: middle; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: middle; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: top; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: top; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: top; padding-left: 0pt; line-height: 1.3; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="vertical-align: bottom; font-size: 10pt; text-align: center; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="vertical-align: bottom; font-size: 10pt; padding-left: 0pt; text-align: center; padding-top: 6px; line-height: 1.3; ">&#160;</TD>
                           <TD style="vertical-align: bottom; font-size: 10pt; padding-left: 0pt; text-align: center; padding-top: 6px; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style="vertical-align: bottom; font-size: 10pt; padding-left: 0pt; text-align: center; padding-top: 6px; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD colspan="1" style="vertical-align: bottom; font-size: 10pt; padding-left: 0pt; text-align: center; padding-top: 6px; line-height: 1.3; ">&#160;</TD>
                           <TD style="vertical-align: bottom; font-size: 10pt; padding-left: 0pt; text-align: center; padding-top: 6px; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style="text-align: left; vertical-align: middle; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: middle; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD style="text-align: left; vertical-align: middle; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style="text-align: left; vertical-align: top; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: top; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD style="text-align: left; vertical-align: top; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="7" style="text-align: left; vertical-align: bottom; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; ">* Excludes equity securities and cash.</TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: bottom; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: top; padding-left: 0pt; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: top; padding-left: 0pt; text-indent: 0pt; line-height: 1.3; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: top; padding-left: 0pt; line-height: 1.3; ">&#160;</TD>
                        </TR>
                     </DIV>
                  </TABLE>
               </DIV>
            </DIV>
         </DIV>
         			<HR style="margin-left: 50px;" NOSHADE ALIGN="CENTER" WIDTH="900px" SIZE=4>
         			<P STYLE='PAGE-BREAK-BEFORE: ALWAYS'></P>
         			<PAGE>

      </DIV>
      <DIV style="display:block; width: 900px;">
         <DIV style=" margin-left: 1in; display: block; ">
            <DIV style="font-weight: normal; font-size: 10pt; padding-left: 0pt; text-align: justify; text-decoration: none;  padding-top: 2px; line-height: 1.3; ">
               <DIV style="text-decoration: none; line-height: 1.4; ">
                  <P style="padding-left: 0pt; text-align: justify; padding-top: 2px; line-height: 1.3; "><I><B>Ellsworth Fund Ltd. - Selected Notes to Financial Statements (unaudited)</B></I></P>
                  <TABLE cellspacing="0" cellpadding="0" border="0" align="center" style="font-size: 10pt; table-layout: auto; overflow: visible; padding-top: 0; padding-bottom: 0; vertical-align: bottom; width: 554.4000000000001pt; ">
                     <TR>
                        <TD style="font-size: 1pt;">&#160;</TD>
                        <TD style="width: 504pt; font-size: 1pt;">&#160;</TD>
                        <TD style="font-size: 1pt;">&#160;</TD>
                     </TR>
                     <DIV>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: top; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: top; padding-left: 0pt; text-indent: 0pt; ">
                              <P style=" line-height: 1.3; display: inline; ">Ellsworth Fund Ltd. (the "Fund"), is registered under the Investment
                                 Company Act of 1940, as amended (the "Act"), as a diversified,
                                 closed-end management investment company.
                                 <BR></P>
                              <P style=" line-height: 1.3; display: inline; "></P>
                           </TD>
                           <TD style="text-align: left; vertical-align: top; padding-left: 0pt; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: top; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: top; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD style="text-align: left; vertical-align: top; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: top; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: top; padding-left: 0pt; text-indent: 0pt; ">
                              <P style=" line-height: 1.3; display: inline; ">Note 1. Security Valuation - Investments in securities traded on a
                                 national securities exchange are valued at market using the last
                                 reported sales price, supplied by an independent pricing service, as
                                 of the close of regular trading. Listed securities, for which no
                                 sales were reported, are valued at the mean between closing reported
                                 bid and asked prices as of the close of regular trading. Unlisted
                                 securities traded in the over-the-counter market are valued using an
                                 evaluated quote provided by the independent pricing service, or, if
                                 an evaluated quote is unavailable, such securities are valued using
                                 prices received from dealers, provided that if the dealer supplies
                                 both bid and asked prices, the price to be used is the mean of the
                                 bid and asked prices. The independent pricing service derives an
                                 evaluated quote by obtaining dealer quotes, analyzing the listed
                                 markets, reviewing trade execution data and employing sensitivity
                                 analysis. Evaluated quotes may also reflect appropriate factors such
                                 as individual characteristics of the issue, communications with
                                 broker-dealers, and other market data. Securities for which
                                 quotations are not readily available, restricted securities and other
                                 assets are valued at fair value as determined in good faith pursuant
                                 to procedures adopted by the Board of Trustees. Short-term debt
                                 securities with original maturities of 60 days or less are valued at
                                 amortized cost.
                                 <BR></P>
                              <P style=" line-height: 1.3; display: inline; "></P>
                           </TD>
                           <TD style="text-align: left; vertical-align: top; padding-left: 0pt; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: top; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: top; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD style="text-align: left; vertical-align: top; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: top; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: top; padding-left: 0pt; text-indent: 0pt; ">
                              <P style=" line-height: 1.3; display: inline; ">The Fund has adopted authoritative fair valuation accounting
                                 standards which establish an authoritative definition of fair value
                                 and set out a hierarchy for measuring fair value. These standards
                                 require additional disclosures about the various inputs and valuation
                                 techniques used to develop the measurements of fair value and a
                                 discussion in changes in valuation techniques and related inputs
                                 during the period. These inputs are summarized in the three broad
                                 levels listed below:
                                 <BR></P>
                              <P style=" line-height: 1.3; display: inline; "></P>
                           </TD>
                           <TD style="text-align: left; vertical-align: top; padding-left: 0pt; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: top; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: top; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD style="text-align: left; vertical-align: top; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: top; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: top; padding-left: 0pt; text-indent: 0pt; ">
                              <P style=" line-height: 1.3; display: inline; ">Level 1 - Quoted unadjusted prices for identical instruments in active markets.<BR></P>
                              <P style=" line-height: 1.3; display: inline; "></P>
                           </TD>
                           <TD style="text-align: left; vertical-align: top; padding-left: 0pt; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: top; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: top; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD style="text-align: left; vertical-align: top; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: top; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: top; padding-left: 0pt; text-indent: 0pt; ">
                              <P style=" line-height: 1.3; display: inline; ">Level 2 - Quoted prices for similar instruments in active markets;
                                 quoted prices for identical or similar instruments in markets that
                                 are not active; and model-driven valuation in which all significant
                                 inputs and significant value drivers are observable in active
                                 markets. Level 2 inputs are those in markets for which there are few
                                 transactions, the prices are not current, little public information
                                 exists or instances where prices vary substantially over time or
                                 among brokered market makers, and those received from an independent
                                 pricing service.
                                 <BR></P>
                              <P style=" line-height: 1.3; display: inline; "></P>
                           </TD>
                           <TD style="text-align: left; vertical-align: top; padding-left: 0pt; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: top; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: top; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD style="text-align: left; vertical-align: top; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: top; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: top; padding-left: 0pt; text-indent: 0pt; ">
                              <P style=" line-height: 1.3; display: inline; ">Level 3 - Model derived valuations in which one or more significant
                                 inputs or significant value drivers are unobservable. Unobservable
                                 inputs are those inputs that reflect the Fund's own assumptions that
                                 market participants would use to price an asset or liability based on
                                 the best available information.
                                 <BR></P>
                              <P style=" line-height: 1.3; display: inline; "></P>
                           </TD>
                           <TD style="text-align: left; vertical-align: top; padding-left: 0pt; ">&#160;</TD>
                        </TR>
                     </DIV>
                  </TABLE>
                  <P style="padding-left: 0pt; text-align: justify; padding-top: 6px; line-height: 1.3; ">The following is a summary of the inputs used to value the net assets
                     of the Fund as of June 30, 2010:
                  </P>
                  <TABLE cellspacing="0" cellpadding="0" border="0" align="center" style="font-size: 10pt; table-layout: auto; overflow: visible; padding-top: 0; padding-bottom: 0; vertical-align: bottom; width: 554.4000000000001pt; ">
                     <TR>
                        <TD style="font-size: 1pt;">&#160;</TD>
                        <TD style="width: 158.4pt; font-size: 1pt;">&#160;</TD>
                        <TD style="font-size: 1pt;">&#160;</TD>
                        <TD style="font-size: 1pt;">&#160;</TD>
                        <TD style="width: 86.4pt; font-size: 1pt;">&#160;</TD>
                        <TD style="font-size: 1pt;">&#160;</TD>
                        <TD style="font-size: 1pt;">&#160;</TD>
                        <TD style="width: 74.7pt; font-size: 1pt;">&#160;</TD>
                        <TD style="font-size: 1pt;">&#160;</TD>
                        <TD style="font-size: 1pt;">&#160;</TD>
                        <TD style="width: 69.7pt; font-size: 1pt;">&#160;</TD>
                        <TD style="font-size: 1pt;">&#160;</TD>
                        <TD style="font-size: 1pt;">&#160;</TD>
                        <TD style="width: 114.8pt; font-size: 1pt;">&#160;</TD>
                        <TD style="font-size: 1pt;">&#160;</TD>
                     </TR>
                     <DIV>
                        <TR cont_lvl="1" style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: center; vertical-align: top; font-size: 8pt; background-color: white; color: black; line-height: 1.2; ">&#160;</TD>
                           <TD colspan="1" style="text-align: center; vertical-align: top; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; ">&#160;</TD>
                           <TD style="text-align: center; vertical-align: top; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; width: 15px; ">&#160;</TD>
                           <TD style="text-align: center; vertical-align: top; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; border-bottom: 1pt black solid; width: 15px; ">&#160;</TD>
                           <TD colspan="1" style="text-align: center; vertical-align: top; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; border-bottom: 1pt black solid; ">Level 1</TD>
                           <TD style="text-align: center; vertical-align: top; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; border-bottom: 1pt black solid; width: 15px; ">&#160;</TD>
                           <TD style="text-align: center; vertical-align: top; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; border-bottom: 1pt black solid; width: 15px; ">&#160;</TD>
                           <TD colspan="1" style="text-align: center; vertical-align: top; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; border-bottom: 1pt black solid; ">Level 2</TD>
                           <TD style="text-align: center; vertical-align: top; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; border-bottom: 1pt black solid; width: 15px; ">&#160;</TD>
                           <TD style="text-align: center; vertical-align: top; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; border-bottom: 1pt black solid; width: 15px; ">&#160;</TD>
                           <TD colspan="1" style="text-align: center; vertical-align: top; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; border-bottom: 1pt black solid; ">Level 3</TD>
                           <TD style="text-align: center; vertical-align: top; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; border-bottom: 1pt black solid; width: 15px; ">&#160;</TD>
                           <TD style="text-align: center; vertical-align: top; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; width: 15px; ">&#160;</TD>
                           <TD colspan="1" style="text-align: center; vertical-align: top; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; ">&#160;</TD>
                           <TD style="text-align: center; vertical-align: top; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: top; font-size: 10pt; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: top; font-size: 10pt; padding-left: 6pt; text-indent: -6pt; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: top; font-size: 10pt; padding-left: 6pt; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: top; font-size: 10pt; background-color: white; color: black; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: top; font-size: 10pt; background-color: white; color: black; padding-left: 6pt; text-indent: -6pt; ">Investments in Securities:</TD>
                           <TD style="text-align: left; vertical-align: top; font-size: 10pt; background-color: white; color: black; padding-left: 6pt; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: top; font-size: 10pt; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: top; font-size: 10pt; padding-left: 6pt; text-indent: -6pt; ">Common Stocks:</TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: top; font-size: 10pt; padding-left: 6pt; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: top; background-color: white; color: black; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: top; background-color: white; color: black; text-indent: -6pt; padding-left: 12pt; ">Media and Entertainment</TD>
                           <TD style="text-align: left; vertical-align: top; background-color: white; color: black; padding-left: 12pt; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">$</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; text-align: right; ">945,000</TD>
                           <TD style=" color: black; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">$</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; text-align: right; ">---</TD>
                           <TD style=" color: black; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">$</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; text-align: right; ">---</TD>
                           <TD style=" color: black; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: top; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: top; text-indent: -6pt; padding-left: 12pt; ">Pharmaceuticals</TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: top; padding-left: 12pt; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; text-align: right; ">827,075</TD>
                           <TD bgcolor="#CCEEFF" style=" vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; text-align: right; ">---</TD>
                           <TD bgcolor="#CCEEFF" style=" vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; text-align: right; ">---</TD>
                           <TD bgcolor="#CCEEFF" style=" vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: top; background-color: white; color: black; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: top; background-color: white; color: black; text-indent: -6pt; padding-left: 12pt; ">Telecommunications</TD>
                           <TD style="text-align: left; vertical-align: top; background-color: white; color: black; padding-left: 12pt; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; border-bottom: 1pt black solid; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; border-bottom: 1pt black solid; text-align: right; ">1,864,240</TD>
                           <TD style=" color: black; border-bottom: solid white 1pt; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; border-bottom: 1pt black solid; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; border-bottom: 1pt black solid; text-align: right; ">---</TD>
                           <TD style=" color: black; border-bottom: solid white 1pt; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; border-bottom: 1pt black solid; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; border-bottom: 1pt black solid; text-align: right; ">---</TD>
                           <TD style=" color: black; border-bottom: solid white 1pt; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: top; font-size: 10pt; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: top; font-size: 10pt; padding-left: 6pt; text-indent: -6pt; "><B>Total Common Stocks</B></TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: top; font-size: 10pt; padding-left: 6pt; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; text-align: right; ">3,636,315</TD>
                           <TD bgcolor="#CCEEFF" style=" vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; text-align: right; ">---</TD>
                           <TD bgcolor="#CCEEFF" style=" vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; text-align: right; ">---</TD>
                           <TD bgcolor="#CCEEFF" style=" vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: top; font-size: 10pt; background-color: white; color: black; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: top; font-size: 10pt; background-color: white; color: black; padding-left: 6pt; text-indent: -6pt; ">&#160;</TD>
                           <TD style="text-align: left; vertical-align: top; font-size: 10pt; background-color: white; color: black; padding-left: 6pt; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: top; font-size: 10pt; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: top; font-size: 10pt; padding-left: 6pt; text-indent: -6pt; ">Convertible Bonds and Notes</TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: top; font-size: 10pt; padding-left: 6pt; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; text-align: right; ">---</TD>
                           <TD bgcolor="#CCEEFF" style=" vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; text-align: right; ">72,714,742</TD>
                           <TD bgcolor="#CCEEFF" style=" vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; text-align: right; ">---</TD>
                           <TD bgcolor="#CCEEFF" style=" vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: top; font-size: 10pt; background-color: white; color: black; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: top; font-size: 10pt; background-color: white; color: black; padding-left: 6pt; text-indent: -6pt; ">Convertible Preferred Stocks</TD>
                           <TD style="text-align: left; vertical-align: top; font-size: 10pt; background-color: white; color: black; padding-left: 6pt; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; text-align: right; ">---</TD>
                           <TD style=" color: black; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; text-align: right; ">7,802,478</TD>
                           <TD style=" color: black; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; text-align: right; ">750,000</TD>
                           <TD style=" color: black; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: top; font-size: 10pt; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: top; font-size: 10pt; padding-left: 6pt; text-indent: -6pt; ">Mandatory Convertible Securities</TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: top; font-size: 10pt; padding-left: 6pt; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; text-align: right; ">---</TD>
                           <TD bgcolor="#CCEEFF" style=" vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; text-align: right; ">6,962,074</TD>
                           <TD bgcolor="#CCEEFF" style=" vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; text-align: right; ">---</TD>
                           <TD bgcolor="#CCEEFF" style=" vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: top; font-size: 10pt; background-color: white; color: black; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: top; font-size: 10pt; background-color: white; color: black; padding-left: 6pt; text-indent: -6pt; ">Corporate Bonds and Notes</TD>
                           <TD style="text-align: left; vertical-align: top; font-size: 10pt; background-color: white; color: black; padding-left: 6pt; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; border-bottom: 1pt black solid; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; border-bottom: 1pt black solid; text-align: right; ">---</TD>
                           <TD style=" color: black; border-bottom: solid white 1pt; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; border-bottom: 1pt black solid; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; border-bottom: 1pt black solid; text-align: right; ">426,000</TD>
                           <TD style=" color: black; border-bottom: solid white 1pt; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; border-bottom: 1pt black solid; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; border-bottom: 1pt black solid; text-align: right; ">---</TD>
                           <TD style=" color: black; border-bottom: solid white 1pt; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: top; font-size: 10pt; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: top; font-size: 10pt; padding-left: 6pt; text-indent: -6pt; "><B>Total Investments</B></TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: top; font-size: 10pt; padding-left: 6pt; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; border-bottom: 2pt black double; text-indent: 0px; width: 15px; ">$</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; border-bottom: 2pt black double; text-align: right; ">3,636,315</TD>
                           <TD bgcolor="#CCEEFF" style=" border-bottom: solid #CCEEFF  2pt; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; border-bottom: 2pt black double; text-indent: 0px; width: 15px; ">$</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; border-bottom: 2pt black double; text-align: right; ">87,905,294</TD>
                           <TD bgcolor="#CCEEFF" style=" border-bottom: solid #CCEEFF  2pt; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; border-bottom: 2pt black double; text-indent: 0px; width: 15px; ">$</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; border-bottom: 2pt black double; text-align: right; ">750,000</TD>
                           <TD bgcolor="#CCEEFF" style=" border-bottom: solid #CCEEFF  2pt; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                        </TR>
                     </DIV>
                  </TABLE>
               </DIV>
            </DIV>
         </DIV>
         			<HR style="margin-left: 50px;" NOSHADE ALIGN="CENTER" WIDTH="900px" SIZE=4>
         			<P STYLE='PAGE-BREAK-BEFORE: ALWAYS'></P>
         			<PAGE>

      </DIV>
      <DIV style="display:block; width: 900px;">
         <DIV style=" margin-left: 1in; display: block; ">
            <DIV style="font-weight: normal; font-size: 10pt; padding-left: 0pt; text-align: justify; text-decoration: none;  padding-top: 2px; line-height: 1.3; ">
               <DIV style="text-decoration: none; line-height: 1.4; ">
                  <P style="padding-left: 0pt; text-align: justify; padding-top: 2px; line-height: 1.3; "><I><B>Ellsworth Fund Ltd. - Selected Notes to Financial Statements (continued)</B></I></P>
                  <P style="padding-left: 0pt; text-align: justify; padding-top: 6px; line-height: 1.3; ">The following is a reconciliation of assets for which level 3 inputs
                     were used in determining value:
                  </P>
                  <TABLE cellspacing="0" cellpadding="0" border="0" align="center" style="font-size: 10pt; table-layout: auto; overflow: visible; padding-top: 0; padding-bottom: 0; vertical-align: bottom; width: 554.4000000000001pt; ">
                     <TR>
                        <TD style="font-size: 1pt;">&#160;</TD>
                        <TD style="width: 138.9pt; font-size: 1pt;">&#160;</TD>
                        <TD style="font-size: 1pt;">&#160;</TD>
                        <TD style="font-size: 1pt;">&#160;</TD>
                        <TD style="width: 71.4pt; font-size: 1pt;">&#160;</TD>
                        <TD style="font-size: 1pt;">&#160;</TD>
                        <TD style="font-size: 1pt;">&#160;</TD>
                        <TD style="width: 71.25pt; font-size: 1pt;">&#160;</TD>
                        <TD style="font-size: 1pt;">&#160;</TD>
                        <TD style="font-size: 1pt;">&#160;</TD>
                        <TD style="width: 71.6pt; font-size: 1pt;">&#160;</TD>
                        <TD style="font-size: 1pt;">&#160;</TD>
                        <TD style="font-size: 1pt;">&#160;</TD>
                        <TD style="width: 71.6pt; font-size: 1pt;">&#160;</TD>
                        <TD style="font-size: 1pt;">&#160;</TD>
                        <TD style="font-size: 1pt;">&#160;</TD>
                        <TD style="width: 79.25pt; font-size: 1pt;">&#160;</TD>
                        <TD style="font-size: 1pt;">&#160;</TD>
                     </TR>
                     <DIV>
                        <TR cont_lvl="1" style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: center; vertical-align: top; font-size: 8pt; background-color: white; color: black; line-height: 1.2; ">&#160;</TD>
                           <TD colspan="1" style="text-align: center; vertical-align: top; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; ">&#160;</TD>
                           <TD style="text-align: center; vertical-align: top; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; width: 15px; ">&#160;</TD>
                           <TD style="text-align: center; vertical-align: top; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; border-bottom: 1pt black solid; width: 15px; ">&#160;</TD>
                           <TD colspan="1" style="text-align: center; vertical-align: top; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; border-bottom: 1pt black solid; ">Convertible Bonds<BR> and Notes
                           </TD>
                           <TD style="text-align: center; vertical-align: top; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; border-bottom: 1pt black solid; width: 15px; ">&#160;</TD>
                           <TD style="text-align: center; vertical-align: top; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; border-bottom: 1pt black solid; width: 15px; ">&#160;</TD>
                           <TD colspan="1" style="text-align: center; vertical-align: top; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; border-bottom: 1pt black solid; ">Corporate Bonds<BR> and Notes
                           </TD>
                           <TD style="text-align: center; vertical-align: top; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; border-bottom: 1pt black solid; width: 15px; ">&#160;</TD>
                           <TD style="text-align: center; vertical-align: top; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; border-bottom: 1pt black solid; width: 15px; ">&#160;</TD>
                           <TD colspan="1" style="text-align: center; vertical-align: top; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; border-bottom: 1pt black solid;">Convertible Preferred<BR>Stocks</TD>
                           <TD style="text-align: center; vertical-align: top; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; border-bottom: 1pt black solid; width: 15px; ">&#160;</TD>
                           <TD style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; border-bottom: 1pt black solid; width: 15px; ">&#160;</TD>
                           <TD colspan="1" style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; border-bottom: 1pt black solid; ">Total</TD>
                           <TD style="text-align: center; vertical-align: bottom; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; border-bottom: 1pt black solid; width: 15px; ">&#160;</TD>
                           <TD style="text-align: center; vertical-align: top; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; width: 15px; ">&#160;</TD>
                           <TD colspan="1" style="text-align: center; vertical-align: top; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; ">&#160;</TD>
                           <TD style="text-align: center; vertical-align: top; font-size: 8pt; padding-left: 0pt; background-color: white; color: black; line-height: 1.2; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: top; font-size: 10pt; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: top; font-size: 10pt; padding-left: 6pt; text-indent: -6pt; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: top; font-size: 10pt; padding-left: 6pt; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: top; font-size: 10pt; background-color: white; color: black; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: top; font-size: 10pt; background-color: white; color: black; padding-left: 6pt; text-indent: -6pt; ">Beginning balance</TD>
                           <TD style="text-align: left; vertical-align: top; font-size: 10pt; background-color: white; color: black; padding-left: 6pt; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">$</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; text-align: right; ">---</TD>
                           <TD style=" color: black; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">$</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; text-align: right; ">---</TD>
                           <TD style=" color: black; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">$</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; text-align: right; ">750,000</TD>
                           <TD style=" color: black; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">$</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; text-align: right; ">750,000</TD>
                           <TD style=" color: black; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: top; font-size: 10pt; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: top; font-size: 10pt; padding-left: 6pt; text-indent: -6pt; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: top; font-size: 10pt; padding-left: 6pt; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: top; font-size: 10pt; background-color: white; color: black; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: top; font-size: 10pt; background-color: white; color: black; padding-left: 6pt; text-indent: -6pt; ">Change in unrealized<BR>appreciation (depreciation)
                           </TD>
                           <TD style="text-align: left; vertical-align: top; font-size: 10pt; background-color: white; color: black; padding-left: 6pt; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; text-align: right; ">---</TD>
                           <TD style=" color: black; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; text-align: right; ">---</TD>
                           <TD style=" color: black; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; text-align: right; ">---</TD>
                           <TD style=" color: black; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; text-align: right; ">---</TD>
                           <TD style=" color: black; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: top; font-size: 10pt; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: top; font-size: 10pt; padding-left: 6pt; text-indent: -6pt; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: top; font-size: 10pt; padding-left: 6pt; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: top; font-size: 10pt; background-color: white; color: black; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: top; font-size: 10pt; background-color: white; color: black; padding-left: 6pt; text-indent: -6pt; ">Net transfers in/out of level 3</TD>
                           <TD style="text-align: left; vertical-align: top; font-size: 10pt; background-color: white; color: black; padding-left: 6pt; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; border-bottom: 1pt black solid; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; border-bottom: 1pt black solid; text-align: right; ">---</TD>
                           <TD style=" color: black; border-bottom: solid white 1pt; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; border-bottom: 1pt black solid; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; border-bottom: 1pt black solid; text-align: right; ">---</TD>
                           <TD style=" color: black; border-bottom: solid white 1pt; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; border-bottom: 1pt black solid; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; border-bottom: 1pt black solid; text-align: right; ">---</TD>
                           <TD style=" color: black; border-bottom: solid white 1pt; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; border-bottom: 1pt black solid; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; border-bottom: 1pt black solid; text-align: right; ">---</TD>
                           <TD style=" color: black; border-bottom: solid white 1pt; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: top; font-size: 10pt; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: top; font-size: 10pt; padding-left: 6pt; text-indent: -6pt; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: top; font-size: 10pt; padding-left: 6pt; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: top; font-size: 10pt; background-color: white; color: black; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: top; font-size: 10pt; background-color: white; color: black; padding-left: 6pt; text-indent: -6pt; ">Ending balance</TD>
                           <TD style="text-align: left; vertical-align: top; font-size: 10pt; background-color: white; color: black; padding-left: 6pt; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; border-bottom: 2pt black double; text-indent: 0px; width: 15px; ">$</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; border-bottom: 2pt black double; text-align: right; ">---</TD>
                           <TD style=" color: black; border-bottom: solid white 2pt; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; border-bottom: 2pt black double; text-indent: 0px; width: 15px; ">$</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; border-bottom: 2pt black double; text-align: right; ">---</TD>
                           <TD style=" color: black; border-bottom: solid white 2pt; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; border-bottom: 2pt black double; text-indent: 0px; width: 15px; ">$</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; border-bottom: 2pt black double; text-align: right; ">750,000</TD>
                           <TD style=" color: black; border-bottom: solid white 2pt; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; border-bottom: 2pt black double; text-indent: 0px; width: 15px; ">$</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; border-bottom: 2pt black double; text-align: right; ">750,000</TD>
                           <TD style=" color: black; border-bottom: solid white 2pt; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                        </TR>
                     </DIV>
                  </TABLE>
                  <P style="padding-left: 0pt; text-align: justify; padding-top: 6px; line-height: 1.3; ">&#160;&#160;</P>
                  <TABLE cellspacing="0" cellpadding="0" border="0" align="center" style="font-size: 10pt; table-layout: auto; overflow: visible; padding-top: 0; padding-bottom: 0; vertical-align: bottom; width: 554.4000000000001pt; ">
                     <TR>
                        <TD style="font-size: 1pt;">&#160;</TD>
                        <TD style="width: 504pt; font-size: 1pt;">&#160;</TD>
                        <TD style="font-size: 1pt;">&#160;</TD>
                     </TR>
                     <DIV>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: top; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: top; padding-left: 0pt; text-indent: 0pt; ">
                              <P style=" line-height: 1.3; display: inline; ">The availability of observable inputs can vary from security to
                                 security and is affected by a wide variety of factors, including, for
                                 example, the type of security, whether the security is new and not
                                 yet established in the marketplace, the liquidity of the markets, and
                                 other characteristics particular to the security. To the extent that
                                 valuation is based on models or inputs that are less observable or
                                 unobservable in the market, the determination of fair value requires
                                 more judgment. Accordingly, the degree of judgment exercised in
                                 determining fair value is greatest for instruments categorized in
                                 level 3.
                                 <BR></P>
                              <P style=" line-height: 1.3; display: inline; "></P>
                           </TD>
                           <TD style="text-align: left; vertical-align: top; padding-left: 0pt; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: top; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: top; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD style="text-align: left; vertical-align: top; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: top; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: top; padding-left: 0pt; text-indent: 0pt; ">
                              <P style=" line-height: 1.3; display: inline; ">Note 2. Securities transactions are accounted for on the trade date
                                 (date the order to buy or sell is executed) with gain or loss on the
                                 sale of securities being determined based upon identified cost.
                                 Dividend income is recorded on the ex-dividend date and interest
                                 income is recorded on the accrual basis, including accretion of
                                 discounts and amortization of non-equity premium. For certain
                                 securities, known as "contingent payment debt instruments," Federal
                                 tax regulations require the Fund to record non-cash, "contingent"
                                 interest income in addition to interest income actually received.
                                 Contingent interest income amounted to approximately 4 cents per
                                 share for the nine months ended June 30, 2010. In addition, Federal
                                 tax regulations require the Fund to reclassify realized gains on
                                 contingent payment debt instruments to interest income. At June 30,
                                 2010 there were unrealized losses of approximately 9 cents per share
                                 on contingent payment debt instruments.
                                 <BR></P>
                              <P style=" line-height: 1.3; display: inline; "></P>
                           </TD>
                           <TD style="text-align: left; vertical-align: top; padding-left: 0pt; ">&#160;</TD>
                        </TR>
                     </DIV>
                  </TABLE>
                  <P style="padding-left: 0pt; text-align: justify; padding-top: 6px; line-height: 1.3; ">The cost basis of investments for federal income tax purposes at June
                     30, 2010 was as follows:
                  </P>
                  <TABLE cellspacing="0" cellpadding="0" border="0" align="center" style="font-size: 10pt; table-layout: auto; overflow: visible; padding-top: 0; padding-bottom: 0; vertical-align: bottom; width: 554.4000000000001pt; ">
                     <TR>
                        <TD style="font-size: 1pt;">&#160;</TD>
                        <TD style="width: 180.4pt; font-size: 1pt;">&#160;</TD>
                        <TD style="font-size: 1pt;">&#160;</TD>
                        <TD style="font-size: 1pt;">&#160;</TD>
                        <TD style="width: 82.1pt; font-size: 1pt;">&#160;</TD>
                        <TD style="font-size: 1pt;">&#160;</TD>
                        <TD style="font-size: 1pt;">&#160;</TD>
                        <TD style="width: 241.5pt; font-size: 1pt;">&#160;</TD>
                        <TD style="font-size: 1pt;">&#160;</TD>
                     </TR>
                     <DIV>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: top; font-size: 10pt; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: top; font-size: 10pt; padding-left: 6pt; text-indent: -6pt; ">Cost basis of investments</TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: top; font-size: 10pt; padding-left: 6pt; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; border-bottom: 1pt black solid; text-indent: 0px; width: 15px; ">$</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; border-bottom: 1pt black solid; text-align: right; ">96,735,360</TD>
                           <TD bgcolor="#CCEEFF" style=" border-bottom: solid #CCEEFF  1pt; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: top; font-size: 10pt; background-color: white; color: black; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: top; font-size: 10pt; background-color: white; color: black; padding-left: 6pt; text-indent: -6pt; ">&#160;</TD>
                           <TD style="text-align: left; vertical-align: top; font-size: 10pt; background-color: white; color: black; padding-left: 6pt; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: top; font-size: 10pt; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: top; font-size: 10pt; padding-left: 6pt; text-indent: -6pt; ">Gross unrealized appreciation</TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: top; font-size: 10pt; padding-left: 6pt; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style=" text-align: right; vertical-align: bottom; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; vertical-align: bottom; text-align: right; ">6,181,179</TD>
                           <TD bgcolor="#CCEEFF" style=" vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: top; font-size: 10pt; background-color: white; color: black; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: top; font-size: 10pt; background-color: white; color: black; padding-left: 6pt; text-indent: -6pt; ">Gross unrealized depreciation</TD>
                           <TD style="text-align: left; vertical-align: top; font-size: 10pt; background-color: white; color: black; padding-left: 6pt; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; border-bottom: 1pt black solid; text-indent: 0px; width: 15px; ">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; border-bottom: 1pt black solid; text-align: right; ">(10,624,930</TD>
                           <TD style=" color: black; border-bottom: solid white 1pt; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">)</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: top; font-size: 10pt; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" colspan="1" style="text-align: left; vertical-align: top; font-size: 10pt; padding-left: 6pt; text-indent: -6pt; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-align: left; vertical-align: top; font-size: 10pt; padding-left: 6pt; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="padding-left: 0pt; text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD bgcolor="#CCEEFF" style="text-indent: 0pt; text-align: right; vertical-align: bottom; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: top; font-size: 10pt; background-color: white; color: black; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: top; font-size: 10pt; background-color: white; color: black; padding-left: 6pt; text-indent: -6pt; ">Net unrealized depreciation</TD>
                           <TD style="text-align: left; vertical-align: top; font-size: 10pt; background-color: white; color: black; padding-left: 6pt; width: 15px; ">&#160;</TD>
                           <TD style=" color: black; text-align: right; vertical-align: bottom; border-bottom: 2pt black double; text-indent: 0px; width: 15px; ">$</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; vertical-align: bottom; border-bottom: 2pt black double; text-align: right; ">(4,443,751</TD>
                           <TD style=" color: black; border-bottom: solid white 2pt; vertical-align: bottom; text-align: left; text-indent: 0px; white-space: nowrap; width: 15px; ">)</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; width: 15px; " width="0">&#160;</TD>
                           <TD style="padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                           <TD style="text-indent: 0pt; background-color: white; color: black; text-align: right; vertical-align: bottom; ">&#160;</TD>
                        </TR>
                     </DIV>
                  </TABLE>
                  <P style="padding-left: 0pt; text-align: justify; padding-top: 6px; line-height: 1.3; ">ITEM 2. CONTROLS AND PROCEDURES.</P>
                  <P style="padding-left: 0pt; text-align: justify; padding-top: 6px; line-height: 1.3; ">Conclusions of principal officers concerning controls and procedures</P>
                  <TABLE cellspacing="0" cellpadding="0" border="0" align="center" style="font-size: 10pt; table-layout: auto; overflow: visible; padding-top: 0; padding-bottom: 0; vertical-align: bottom; width: 554.4000000000001pt; ">
                     <TR>
                        <TD style="font-size: 1pt;">&#160;</TD>
                        <TD style="width: 504pt; font-size: 1pt;">&#160;</TD>
                        <TD style="font-size: 1pt;">&#160;</TD>
                     </TR>
                     <DIV>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: top; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: top; padding-left: 0pt; text-indent: 0pt; ">
                              <P style=" line-height: 1.3; display: inline; ">(a) The Fund's principal executive officer and principal financial
                                 officer have concluded that the Fund's disclosure controls and
                                 procedures (as defined in Rule 30a-3(c) under the Act, (17 CFR
                                 270.30a-3(c))) are effective as of August __, 2010 based on the
                                 evaluation of these controls and procedures required by Rule 30a-3(b)
                                 under the Act (17 CFR 270.30a-3(b)) and Rule 13a-15(b) or 15d-15(b)
                                 under the Securities Exchange Act of 1934, as amended (17 CFR
                                 240.13a-15(b) or 17 CFR 240.15d-15(b)).
                                 <BR></P>
                              <P style=" line-height: 1.3; display: inline; "></P>
                           </TD>
                           <TD style="text-align: left; vertical-align: top; padding-left: 0pt; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: top; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: top; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD style="text-align: left; vertical-align: top; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="text-align: left; vertical-align: top; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: top; padding-left: 0pt; text-indent: 0pt; ">
                              <P style=" line-height: 1.3; display: inline; ">(b) There have been no changes in the Fund's internal control over
                                 financial reporting (as defined in Rule 30a-3(d) under the Act (17
                                 CFR 270.30a-3(d)) that occurred during the Fund's last fiscal quarter
                                 that has materially affected, or is reasonably likely to materially
                                 affect, the Fund's internal control over financial reporting.
                                 <BR></P>
                              <P style=" line-height: 1.3; display: inline; "></P>
                           </TD>
                           <TD style="text-align: left; vertical-align: top; padding-left: 0pt; ">&#160;</TD>
                        </TR>
                     </DIV>
                  </TABLE>
                  <P style="padding-left: 0pt; text-align: justify; padding-top: 6px; line-height: 1.3; ">ITEM 3.&#160;EXHIBITS.</P>
                  <P style="padding-left: 0pt; text-align: justify; padding-top: 6px; line-height: 1.3; ">Certifications of the principal executive officer and the principal
                     financial officer of the Fund, as required by Rule 30a-2(a) under the
                     Act (17 CFR 270.30a-2(a)), are filed herewith.
                  </P>
                  <P style="padding-left: 0pt; text-align: justify; padding-top: 6px; line-height: 1.3; ">&#160;&#160;</P>
               </DIV>
            </DIV>
         </DIV>
         			<HR style="margin-left: 50px;" NOSHADE ALIGN="CENTER" WIDTH="900px" SIZE=4>
         			<P STYLE='PAGE-BREAK-BEFORE: ALWAYS'></P>
         			<PAGE>

      </DIV>
      <DIV style="display:block; width: 900px;">
         <DIV style=" margin-left: 1in; display: block; ">
            <DIV style="font-weight: normal; font-size: 10pt; padding-left: 0pt; text-align: justify; text-decoration: none;  padding-top: 2px; line-height: 1.3; ">
               <DIV style="text-decoration: none; line-height: 1.4; ">
                  <P style="padding-left: 0pt; text-align: justify; padding-top: 6px; line-height: 1.3; ">SIGNATURES</P>
                  <P style="padding-left: 0pt; text-align: justify; padding-top: 6px; line-height: 1.3; ">Pursuant to the requirements of the Securities Exchange Act of 1934
                     and the Investment Company Act of 1940, the
                     <A name="OLE_LINK3"></A>registrant has duly caused this report to be signed on its behalf by
                     the undersigned, thereunto duly authorized.
                  </P>
                  <P style="padding-left: 0pt; text-align: justify; padding-top: 6px; line-height: 1.3; ">Ellsworth Fund&#160;Ltd.</P>
                  <P style="padding-left: 0pt; text-align: justify; padding-top: 6px; line-height: 1.3; ">By: /s/Thomas H. Dinsmore<BR>&#160;&#160;&#160;&#160;&#160;Thomas H. Dinsmore<BR>&#160;&#160;&#160;&#160;&#160;Chairman of the Board and<BR>&#160;&#160;&#160;&#160;&#160;Chief Executive Officer<BR>&#160;&#160;&#160;&#160;&#160;(Principal Executive Officer)
                  </P>
                  <P style="padding-left: 0pt; text-align: justify; padding-top: 6px; line-height: 1.3; "><A name="OLE_LINK1"></A><A name="OLE_LINK2"></A>Date: August 26, 2010
                  </P>
                  <P style="padding-left: 0pt; text-align: justify; padding-top: 6px; line-height: 1.3; ">&#160;&#160;</P>
                  <P style="padding-left: 0pt; text-align: justify; padding-top: 6px; line-height: 1.3; ">Pursuant to the requirements of the Securities Exchange Act of 1934
                     and the Investment Company Act of 1940, this report has been signed
                     below by the following persons on behalf of the registrant and in the
                     capacities and on the dates indicated.
                  </P>
                  <P style="padding-left: 0pt; text-align: justify; padding-top: 6px; line-height: 1.3; ">By: /s/Thomas H. Dinsmore<BR>&#160;&#160;&#160;&#160;&#160;Thomas H. Dinsmore<BR>&#160;&#160;&#160;&#160;&#160;Chairman of the Board and<BR>&#160;&#160;&#160;&#160;&#160;Chief Executive Officer<BR>&#160;&#160;&#160;&#160;&#160;(Principal Executive Officer)<BR></P>
                  <P style="padding-left: 0pt; text-align: justify; padding-top: 6px; line-height: 1.3; ">Date: August 26, 2010</P>
                  <P style="padding-left: 0pt; text-align: justify; padding-top: 6px; line-height: 1.3; ">By: /s/Gary I. Levine<BR>&#160;&#160;&#160;&#160;&#160;Gary I. Levine<BR>&#160;&#160;&#160;&#160;&#160;Chief Financial Officer<BR>&#160;&#160;&#160;&#160;&#160;(Principal Financial Officer)
                  </P>
                  <P style="padding-left: 0pt; text-align: justify; padding-top: 6px; line-height: 1.3; ">Date: August 26, 2010</P>
               </DIV>
            </DIV>
         </DIV>
         			<HR style="margin-left: 50px;" NOSHADE ALIGN="CENTER" WIDTH="900px" SIZE=4>

      </DIV>
   </BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.CERT
<SEQUENCE>2
<FILENAME>d26992_ex99-cert.htm
<TEXT>
<HTML>
   <HEAD>
      <TITLE>HTML</TITLE>
   </HEAD>
   <BODY>
      <DIV style="display:block; width: 900px;">
         <DIV style=" margin-left: 1in; display: block; ">
            <DIV style="font-weight: normal; font-size: 10pt; padding-left: 0pt; text-align: justify; text-decoration: none;  padding-top: 2px; line-height: 1.3; ">
               <P></P><BR><DIV style="text-decoration: none; line-height: 1.4; ">
                  <P></P>
                  <P style="padding-left: 0pt; text-align: right; padding-top: 6px; line-height: 1.3; ">Exhibit 99.CERT</P>
                  <P style="padding-left: 0pt; text-align: justify; padding-top: 2px; line-height: 1.3; "><B>CERTIFICATION OF PRINCIPAL EXECUTIVE OFFICER</B></P>
                  <P style="padding-left: 0pt; text-align: justify; padding-top: 6px; line-height: 1.3; ">I, Thomas H. Dinsmore, certify that:</P>
                  <P style="padding-left: 0pt; text-align: justify; padding-top: 6px; line-height: 1.3; ">1. I have reviewed this report on Form N-Q of Ellsworth Fund&#160;Ltd.;</P>
                  <P style="padding-left: 0pt; text-align: justify; padding-top: 6px; line-height: 1.3; ">2. Based on my knowledge, this report does not contain any untrue
                     statement of a material fact or omit to state a material fact
                     necessary to make the statements made, in light of the circumstances
                     under which such statements were made, not misleading with respect to
                     the period covered by this&#160;report;
                  </P>
                  <P style="padding-left: 0pt; text-align: justify; padding-top: 6px; line-height: 1.3; ">3. Based on my knowledge, the schedules of investments included in
                     this report fairly present in all material respects the investments
                     of the registrant as of the end of the fiscal quarter for which the
                     report is&#160;filed;
                  </P>
                  <P style="padding-left: 0pt; text-align: justify; padding-top: 6px; line-height: 1.3; ">4. The registrant's other certifying officer(s) and I are responsible
                     for establishing and maintaining disclosure controls and procedures
                     (as defined in Rule 30a-3(c) under the Investment Company Act of
                     1940) and internal control over financial reporting (as defined in
                     Rule 30a-3(d) under the Investment Company Act of 1940) for the
                     registrant and&#160;have:
                  </P>
                  <TABLE cellspacing="0" cellpadding="0" border="0" align="center" style="font-size: 10pt; table-layout: auto; overflow: visible; padding-top: 0; padding-bottom: 0; vertical-align: bottom; width: 554.4000000000001pt; ">
                     <TR>
                        <TD style="font-size: 1pt;">&#160;</TD>
                        <TD style="width: 36pt; font-size: 1pt;">&#160;</TD>
                        <TD style="font-size: 1pt;">&#160;</TD>
                        <TD style="font-size: 1pt;">&#160;</TD>
                        <TD style="width: 468pt; font-size: 1pt;">&#160;</TD>
                        <TD style="font-size: 1pt;">&#160;</TD>
                     </TR>
                     <DIV>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="vertical-align: top; font-size: 10pt; text-align: center; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="vertical-align: top; font-size: 10pt; padding-left: 0pt; text-align: center; padding-top: 6px; line-height: 1.3; ">&#160;&#160;(a)</TD>
                           <TD style="vertical-align: top; font-size: 10pt; padding-left: 0pt; text-align: center; padding-top: 6px; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style="text-align: left; vertical-align: top; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: top; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">Designed such disclosure controls and procedures, or caused such
                              disclosure controls and procedures to be designed under our
                              supervision, to ensure that material information relating to the
                              registrant, including its consolidated subsidiaries, is made known to
                              us by others within those entities, particularly during the period in
                              which this report is being prepared;
                           </TD>
                           <TD style="text-align: left; vertical-align: top; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="vertical-align: top; font-size: 10pt; text-align: center; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="vertical-align: top; font-size: 10pt; padding-left: 0pt; text-align: center; padding-top: 6px; line-height: 1.3; ">&#160;</TD>
                           <TD style="vertical-align: top; font-size: 10pt; padding-left: 0pt; text-align: center; padding-top: 6px; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style="text-align: left; vertical-align: top; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: top; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD style="text-align: left; vertical-align: top; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="vertical-align: top; font-size: 10pt; text-align: center; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="vertical-align: top; font-size: 10pt; padding-left: 0pt; text-align: center; padding-top: 6px; line-height: 1.3; ">&#160;&#160;(b)</TD>
                           <TD style="vertical-align: top; font-size: 10pt; padding-left: 0pt; text-align: center; padding-top: 6px; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style="text-align: left; vertical-align: top; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: top; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">Designed such internal control over financial reporting, or caused
                              such internal control over financial reporting to be designed under
                              our supervision, to provide reasonable assurance regarding the
                              reliability of financial reporting and the preparation of financial
                              statements for external purposes in accordance with generally
                              accepted accounting principles;
                           </TD>
                           <TD style="text-align: left; vertical-align: top; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="vertical-align: top; font-size: 10pt; text-align: center; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="vertical-align: top; font-size: 10pt; padding-left: 0pt; text-align: center; padding-top: 6px; line-height: 1.3; ">&#160;</TD>
                           <TD style="vertical-align: top; font-size: 10pt; padding-left: 0pt; text-align: center; padding-top: 6px; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style="text-align: left; vertical-align: top; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: top; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD style="text-align: left; vertical-align: top; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="vertical-align: top; font-size: 10pt; text-align: center; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="vertical-align: top; font-size: 10pt; padding-left: 0pt; text-align: center; padding-top: 6px; line-height: 1.3; ">&#160;&#160;(c)</TD>
                           <TD style="vertical-align: top; font-size: 10pt; padding-left: 0pt; text-align: center; padding-top: 6px; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style="text-align: left; vertical-align: top; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: top; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">Evaluated the effectiveness of the registrant's disclosure controls
                              and procedures and presented in this report our conclusions about the
                              effectiveness of the disclosure controls and procedures, as of a date
                              within 90 days prior to the filing date of this report based on such
                              evaluation; and
                           </TD>
                           <TD style="text-align: left; vertical-align: top; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="vertical-align: top; font-size: 10pt; text-align: center; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="vertical-align: top; font-size: 10pt; padding-left: 0pt; text-align: center; padding-top: 6px; line-height: 1.3; ">&#160;</TD>
                           <TD style="vertical-align: top; font-size: 10pt; padding-left: 0pt; text-align: center; padding-top: 6px; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style="text-align: left; vertical-align: top; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: top; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD style="text-align: left; vertical-align: top; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="vertical-align: top; font-size: 10pt; text-align: center; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="vertical-align: top; font-size: 10pt; padding-left: 0pt; text-align: center; padding-top: 6px; line-height: 1.3; ">&#160;&#160;(d)</TD>
                           <TD style="vertical-align: top; font-size: 10pt; padding-left: 0pt; text-align: center; padding-top: 6px; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style="text-align: left; vertical-align: top; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: top; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">Disclosed in this report any change in the registrant's internal
                              control over financial reporting that occurred during the
                              registrant's most recent fiscal quarter that has materially affected,
                              or is reasonably likely to materially affect, the registrant's
                              internal control over financial reporting; and
                           </TD>
                           <TD style="text-align: left; vertical-align: top; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                        </TR>
                     </DIV>
                  </TABLE>
                  <P style="padding-left: 0pt; text-align: justify; padding-top: 6px; line-height: 1.3; ">5. The registrant's other certifying officer(s) and I have disclosed
                     to the registrant's auditors and the audit committee of the
                     registrant's board of directors (or persons performing the equivalent
                     functions):
                  </P>
                  <TABLE cellspacing="0" cellpadding="0" border="0" align="center" style="font-size: 10pt; table-layout: auto; overflow: visible; padding-top: 0; padding-bottom: 0; vertical-align: bottom; width: 554.4000000000001pt; ">
                     <TR>
                        <TD style="font-size: 1pt;">&#160;</TD>
                        <TD style="width: 36pt; font-size: 1pt;">&#160;</TD>
                        <TD style="font-size: 1pt;">&#160;</TD>
                        <TD style="font-size: 1pt;">&#160;</TD>
                        <TD style="width: 468pt; font-size: 1pt;">&#160;</TD>
                        <TD style="font-size: 1pt;">&#160;</TD>
                     </TR>
                     <DIV>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="vertical-align: top; font-size: 10pt; text-align: center; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="vertical-align: top; font-size: 10pt; padding-left: 0pt; text-align: center; padding-top: 6px; line-height: 1.3; ">&#160;&#160;(a)</TD>
                           <TD style="vertical-align: top; font-size: 10pt; padding-left: 0pt; text-align: center; padding-top: 6px; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style="text-align: justify; vertical-align: top; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD colspan="1" style="text-align: justify; vertical-align: top; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">All significant deficiencies and material weaknesses in the design or
                              operation of internal control over financial reporting which are
                              reasonably likely to adversely affect the registrant's ability to
                              record, process, summarize, and report financial information; and
                           </TD>
                           <TD style="text-align: justify; vertical-align: top; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="vertical-align: top; font-size: 10pt; text-align: center; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="vertical-align: top; font-size: 10pt; padding-left: 0pt; text-align: center; padding-top: 6px; line-height: 1.3; ">&#160;</TD>
                           <TD style="vertical-align: top; font-size: 10pt; padding-left: 0pt; text-align: center; padding-top: 6px; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style="text-align: left; vertical-align: top; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: top; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD style="text-align: left; vertical-align: top; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="vertical-align: top; font-size: 10pt; text-align: center; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="vertical-align: top; font-size: 10pt; padding-left: 0pt; text-align: center; padding-top: 6px; line-height: 1.3; ">&#160;&#160;(b)</TD>
                           <TD style="vertical-align: top; font-size: 10pt; padding-left: 0pt; text-align: center; padding-top: 6px; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style="text-align: left; vertical-align: top; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: top; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">Any fraud, whether or not material, that involves management or other
                              employees who have a significant role in the registrant's internal
                              control over financial reporting.
                           </TD>
                           <TD style="text-align: left; vertical-align: top; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                        </TR>
                     </DIV>
                  </TABLE>
                  <P style="padding-left: 0pt; text-align: justify; padding-top: 6px; line-height: 1.3; ">&#160;Date: August 26, 2010</P>
                  <P style="padding-left: 0pt; text-align: justify; padding-top: 6px; line-height: 1.3; ">&#160;/s/ Thomas H. Dinsmore<BR> Chairman of the Board and Chief Executive Officer<BR> (Principal Executive Officer)
                  </P>
               </DIV>
            </DIV>
         </DIV>
         			<HR style="margin-left: 50px;" NOSHADE ALIGN="CENTER" WIDTH="900px" SIZE=4>
         			<P STYLE='PAGE-BREAK-BEFORE: ALWAYS'></P>
         			<PAGE>

      </DIV>
      <DIV style="display:block; width: 900px;">
         <DIV style=" margin-left: 1in; display: block; ">
            <DIV style="font-weight: normal; font-size: 10pt; padding-left: 0pt; text-align: justify; text-decoration: none;  padding-top: 2px; line-height: 1.3; ">
               <DIV style="text-decoration: none; line-height: 1.4; ">
                  <P style="padding-left: 0pt; text-align: justify; padding-top: 2px; line-height: 1.3; "><B>CERTIFICATION OF PRINCIPAL&#160;FINANCIAL OFFICER</B></P>
                  <P style="padding-left: 0pt; text-align: justify; padding-top: 6px; line-height: 1.3; ">I, Gary I. Levine, certify that:</P>
                  <P style="padding-left: 0pt; text-align: justify; padding-top: 6px; line-height: 1.3; ">1. I have reviewed this report on Form N-Q of Ellsworth Fund&#160;Ltd.;</P>
                  <P style="padding-left: 0pt; text-align: justify; padding-top: 6px; line-height: 1.3; ">2. Based on my knowledge, this report does not contain any untrue
                     statement of a material fact or omit to state a material fact
                     necessary to make the statements made, in light of the circumstances
                     under which such statements were made, not misleading with respect to
                     the period covered by this&#160;report;
                  </P>
                  <P style="padding-left: 0pt; text-align: justify; padding-top: 6px; line-height: 1.3; ">3. Based on my knowledge, the schedules of investments included in
                     this report fairly present in all material respects the investments
                     of the registrant as of the end of the fiscal quarter for which the
                     report is&#160;filed;
                  </P>
                  <P style="padding-left: 0pt; text-align: justify; padding-top: 6px; line-height: 1.3; ">4. The registrant's other certifying officer(s) and I are responsible
                     for establishing and maintaining disclosure controls and procedures
                     (as defined in Rule 30a-3(c) under the Investment Company Act of
                     1940) and internal control over financial reporting (as defined in
                     Rule 30a-3(d) under the Investment Company Act of 1940) for the
                     registrant and&#160;have:
                  </P>
                  <TABLE cellspacing="0" cellpadding="0" border="0" align="center" style="font-size: 10pt; table-layout: auto; overflow: visible; padding-top: 0; padding-bottom: 0; vertical-align: bottom; width: 554.4000000000001pt; ">
                     <TR>
                        <TD style="font-size: 1pt;">&#160;</TD>
                        <TD style="width: 36pt; font-size: 1pt;">&#160;</TD>
                        <TD style="font-size: 1pt;">&#160;</TD>
                        <TD style="font-size: 1pt;">&#160;</TD>
                        <TD style="width: 468pt; font-size: 1pt;">&#160;</TD>
                        <TD style="font-size: 1pt;">&#160;</TD>
                     </TR>
                     <DIV>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="vertical-align: top; font-size: 10pt; text-align: center; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="vertical-align: top; font-size: 10pt; padding-left: 0pt; text-align: center; padding-top: 6px; line-height: 1.3; ">&#160;&#160;(a)</TD>
                           <TD style="vertical-align: top; font-size: 10pt; padding-left: 0pt; text-align: center; padding-top: 6px; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style="text-align: left; vertical-align: top; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: top; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">Designed such disclosure controls and procedures, or caused such
                              disclosure controls and procedures to be designed under our
                              supervision, to ensure that material information relating to the
                              registrant, including its consolidated subsidiaries, is made known to
                              us by others within those entities, particularly during the period in
                              which this report is being prepared;
                           </TD>
                           <TD style="text-align: left; vertical-align: top; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="vertical-align: top; font-size: 10pt; text-align: center; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="vertical-align: top; font-size: 10pt; padding-left: 0pt; text-align: center; padding-top: 6px; line-height: 1.3; ">&#160;</TD>
                           <TD style="vertical-align: top; font-size: 10pt; padding-left: 0pt; text-align: center; padding-top: 6px; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style="text-align: left; vertical-align: top; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: top; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD style="text-align: left; vertical-align: top; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="vertical-align: top; font-size: 10pt; text-align: center; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="vertical-align: top; font-size: 10pt; padding-left: 0pt; text-align: center; padding-top: 6px; line-height: 1.3; ">&#160;&#160;(b)</TD>
                           <TD style="vertical-align: top; font-size: 10pt; padding-left: 0pt; text-align: center; padding-top: 6px; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style="text-align: left; vertical-align: top; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: top; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">Designed such internal control over financial reporting, or caused
                              such internal control over financial reporting to be designed under
                              our supervision, to provide reasonable assurance regarding the
                              reliability of financial reporting and the preparation of financial
                              statements for external purposes in accordance with generally
                              accepted accounting principles;
                           </TD>
                           <TD style="text-align: left; vertical-align: top; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="vertical-align: top; font-size: 10pt; text-align: center; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="vertical-align: top; font-size: 10pt; padding-left: 0pt; text-align: center; padding-top: 6px; line-height: 1.3; ">&#160;</TD>
                           <TD style="vertical-align: top; font-size: 10pt; padding-left: 0pt; text-align: center; padding-top: 6px; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style="text-align: left; vertical-align: top; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: top; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD style="text-align: left; vertical-align: top; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="vertical-align: top; font-size: 10pt; text-align: center; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="vertical-align: top; font-size: 10pt; padding-left: 0pt; text-align: center; padding-top: 6px; line-height: 1.3; ">&#160;&#160;(c)</TD>
                           <TD style="vertical-align: top; font-size: 10pt; padding-left: 0pt; text-align: center; padding-top: 6px; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style="text-align: left; vertical-align: top; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: top; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">Evaluated the effectiveness of the registrant's disclosure controls
                              and procedures and presented in this report our conclusions about the
                              effectiveness of the disclosure controls and procedures, as of a date
                              within 90 days prior to the filing date of this report based on such
                              evaluation; and
                           </TD>
                           <TD style="text-align: left; vertical-align: top; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="vertical-align: top; font-size: 10pt; text-align: center; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="vertical-align: top; font-size: 10pt; padding-left: 0pt; text-align: center; padding-top: 6px; line-height: 1.3; ">&#160;</TD>
                           <TD style="vertical-align: top; font-size: 10pt; padding-left: 0pt; text-align: center; padding-top: 6px; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style="text-align: left; vertical-align: top; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: top; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD style="text-align: left; vertical-align: top; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="vertical-align: top; font-size: 10pt; text-align: center; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="vertical-align: top; font-size: 10pt; padding-left: 0pt; text-align: center; padding-top: 6px; line-height: 1.3; ">&#160;&#160;(d)</TD>
                           <TD style="vertical-align: top; font-size: 10pt; padding-left: 0pt; text-align: center; padding-top: 6px; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style="text-align: left; vertical-align: top; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: top; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">Disclosed in this report any change in the registrant's internal
                              control over financial reporting that occurred during the
                              registrant's most recent fiscal quarter that has materially affected,
                              or is reasonably likely to materially affect, the registrant's
                              internal control over financial reporting; and
                           </TD>
                           <TD style="text-align: left; vertical-align: top; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                        </TR>
                     </DIV>
                  </TABLE>
                  <P style="padding-left: 0pt; text-align: justify; padding-top: 6px; line-height: 1.3; ">5. The registrant's other certifying officer(s) and I have disclosed
                     to the registrant's auditors and the audit committee of the
                     registrant's board of directors (or persons performing the equivalent
                     functions):
                  </P>
                  <TABLE cellspacing="0" cellpadding="0" border="0" align="center" style="font-size: 10pt; table-layout: auto; overflow: visible; padding-top: 0; padding-bottom: 0; vertical-align: bottom; width: 553.7950000000001pt; ">
                     <TR>
                        <TD style="font-size: 1pt;">&#160;</TD>
                        <TD style="width: 36pt; font-size: 1pt;">&#160;</TD>
                        <TD style="font-size: 1pt;">&#160;</TD>
                        <TD style="font-size: 1pt;">&#160;</TD>
                        <TD style="width: 467.45pt; font-size: 1pt;">&#160;</TD>
                        <TD style="font-size: 1pt;">&#160;</TD>
                     </TR>
                     <DIV>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="vertical-align: top; font-size: 10pt; text-align: center; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="vertical-align: top; font-size: 10pt; padding-left: 0pt; text-align: center; padding-top: 6px; line-height: 1.3; ">&#160;&#160;(a)</TD>
                           <TD style="vertical-align: top; font-size: 10pt; padding-left: 0pt; text-align: center; padding-top: 6px; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style="text-align: justify; vertical-align: top; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD colspan="1" style="text-align: justify; vertical-align: top; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">All significant deficiencies and material weaknesses in the design or
                              operation of internal control over financial reporting which are
                              reasonably likely to adversely affect the registrant's ability to
                              record, process, summarize, and report financial information; and
                           </TD>
                           <TD style="text-align: justify; vertical-align: top; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="vertical-align: top; font-size: 10pt; text-align: center; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="vertical-align: top; font-size: 10pt; padding-left: 0pt; text-align: center; padding-top: 6px; line-height: 1.3; ">&#160;</TD>
                           <TD style="vertical-align: top; font-size: 10pt; padding-left: 0pt; text-align: center; padding-top: 6px; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style="text-align: left; vertical-align: top; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: top; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                           <TD style="text-align: left; vertical-align: top; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                        </TR>
                        <TR style="text-align: left; padding-left: 0pt; text-indent: 0pt; ">
                           <TD style="vertical-align: top; font-size: 10pt; text-align: center; line-height: 1.3; ">&#160;</TD>
                           <TD colspan="1" style="vertical-align: top; font-size: 10pt; padding-left: 0pt; text-align: center; padding-top: 6px; line-height: 1.3; ">&#160;&#160;(b)</TD>
                           <TD style="vertical-align: top; font-size: 10pt; padding-left: 0pt; text-align: center; padding-top: 6px; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD style="text-align: left; vertical-align: top; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; width: 15px; ">&#160;</TD>
                           <TD colspan="1" style="text-align: left; vertical-align: top; padding-left: 0pt; text-indent: 0pt; background-color: white; color: black; line-height: 1.3; ">Any fraud, whether or not material, that involves management or other
                              employees who have a significant role in the registrant's internal
                              control over financial reporting.
                           </TD>
                           <TD style="text-align: left; vertical-align: top; padding-left: 0pt; background-color: white; color: black; line-height: 1.3; ">&#160;</TD>
                        </TR>
                     </DIV>
                  </TABLE>
                  <P style="padding-left: 0pt; text-align: justify; padding-top: 6px; line-height: 1.3; ">Date: August 26, 2010</P>
                  <P style="padding-left: 0pt; text-align: justify; padding-top: 6px; line-height: 1.3; ">/s/ Gary I. Levine<BR>Chief Financial Officer<BR> (Principal Financial Officer)
                  </P>
               </DIV>
            </DIV>
         </DIV>
         			<HR style="margin-left: 50px;" NOSHADE ALIGN="CENTER" WIDTH="900px" SIZE=4>

      </DIV>
   </BODY>
</HTML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
