<SEC-DOCUMENT>0001145443-13-001382.txt : 20130606
<SEC-HEADER>0001145443-13-001382.hdr.sgml : 20130606
<ACCEPTANCE-DATETIME>20130606113323
ACCESSION NUMBER:		0001145443-13-001382
CONFORMED SUBMISSION TYPE:	N-CSRS
PUBLIC DOCUMENT COUNT:		7
CONFORMED PERIOD OF REPORT:	20130331
FILED AS OF DATE:		20130606
DATE AS OF CHANGE:		20130606
EFFECTIVENESS DATE:		20130606

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-CSRS
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-04656
		FILM NUMBER:		13896378

	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-CSRS
<SEQUENCE>1
<FILENAME>d30493.htm
<DESCRIPTION>N-CSR
<TEXT>
<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 3.2 Final//EN">
<HTML>
<HEAD>
<TITLE></TITLE>
</HEAD>
<BODY style="FONT-FAMILY: Times New Roman"><DIV style="width:100%">

<P style="margin:0px" align=center>UNITED STATES</P>
<P style="margin:0px" align=center>SECURITIES AND EXCHANGE COMMISSION</P>
<P style="margin:0px" align=center>Washington, D.C. 20549</P>
<P style="margin:0px" align=center>&nbsp;</P>
<P style="margin:0px" align=center>FORM N-CSR</P>
<P style="margin:0px" align=center>&nbsp;</P>
<P style="margin:0px" align=center>CERTIFIED SHAREHOLDER REPORT OF REGISTERED</P>
<P style="margin:0px" align=center>MANAGEMENT INVESTMENT COMPANIES</P>
<P style="margin:0px" align=center>&nbsp;</P>
<P style="margin:0px" align=center>Investment Company Act file number 811-04656&nbsp;</P>
<P style="margin:0px"><BR></P>
<P STYLE="margin-top: 0px; text-align: center; margin-bottom: 0px"></P></DIV>

<HR NOSHADE SIZE="2" STYLE="color: Black; width: 15%">
<P STYLE="margin-top: 0px; text-align: center; margin-bottom: 0px"></P>
<P style="margin:0px"><BR></P>
<P style="margin:0px" align=center>ELLSWORTH FUND LTD.&nbsp;</P>
<P style="margin:0px"></P>

<HR NOSHADE SIZE="2" STYLE="color: Black; width: 100%">
<P style="margin:0px" align=center>(Exact name of registrant as specified in charter)</P>
<P style="margin:0px" align=center>&nbsp;</P>

<DIV STYLE="width: 100%"><P STYLE="margin: 0px; text-align: center"></P>
<P style="margin:0px" align=center>65 Madison Avenue, Morristown, New Jersey 07960-7308&nbsp;</P>
<HR NOSHADE SIZE="2" STYLE="color: Black; width: 100%">
<P style="margin:0px" align=center>(Address of principal executive offices) (Zip code)</P>
<P style="margin:0px" align=center>&nbsp;</P>
<P style="margin:0px" align=center>Thomas H. Dinsmore</P>
<P style="margin:0px" align=center>ELLSWORTH FUND LTD.</P>
<P style="margin:0px" align=center>65 Madison Avenue</P>
<P style="margin:0px" align=center>Morristown, New Jersey 07960-7308</P>
<P style="margin:0px" align=center>(Name and address of agent for service)</P>
<P style="margin:0px" align=center>&nbsp;</P>
<P style="margin:0px" align=center>Copy to:</P>
<P style="margin:0px" align=center>Steven B. King, Esq.</P>
<P style="margin:0px" align=center>Ballard Spahr LLP</P>
<P style="margin:0px" align=center>1735 Market Street, 51st Floor</P>
<P style="margin:0px" align=center>Philadelphia, PA 19103-7599</P>
<P style="margin:0px" align=center>&nbsp;</P>
<P style="margin:0px">Registrant&#146;s telephone number, including area code: (973) 631-1177</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px">Date of fiscal year end:&nbsp;&nbsp;September 30, 2013</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px">Date of reporting period:&nbsp;March 31, 2013</P>
<P style="margin:0px">&nbsp;</P>
<P style="margin:0px" align=center></P></DIV>

<HR NOSHADE SIZE="2" STYLE="color: Black; width: 100%">
<DIV STYLE="width: 100%"><P STYLE="margin: 0px; text-align: center"><BR></P>
<P style="margin-top:0px; margin-bottom:-16px"><BR>
ITEM 1.</P>
<P style="margin:0px; text-indent:72px">REPORTS TO STOCKHOLDERS.</P>
<P style="margin:0px">&nbsp;</P>
<P style="margin:0px">&nbsp;</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px"><BR>
<BR></P>



<HR NOSHADE SIZE="5">



</DIV>

<PAGE>
<!-- v: version 37 -->
<!-- BEGIN DIVISION: DIV_report PAGE POSITION: 1 -->
<!-- agabop mode="main" last-style="" -->
<TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0 WIDTH="100%">
 <TR STYLE="FONT-SIZE:1PX">
 <TD WIDTH="100%" VALIGN=TOP>
 <P>&nbsp;</P>
 </TD>
 </TR>
 <TR>
 <TD VALIGN=TOP BGCOLOR="#e6e6e6">
 <P><FONT SIZE=1>&nbsp;</FONT></P>
 </TD>
 </TR>
 <TR>
 <TD VALIGN=TOP>
<P ALIGN=CENTER><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="6">E<small>LLSWORTH</small> F<small>UND</small>
L<small>TD.</small></FONT></P>
 </TD>
 </TR>
</TABLE>

<P ALIGN="CENTER"><DIV ALIGN="CENTER"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;<BR>
<DIV STYLE="text-align: center"><IMG SRC="ellsworth-logo.jpg"><BR>&nbsp;</DIV></FONT></DIV></P>

<P ALIGN=CENTER><FONT SIZE=6>2013 Semi-Annual Report</FONT></P>
<P ALIGN="CENTER" STYLE="Margin-Top: -3pt"><FONT SIZE=6>March 31, 2013</FONT></P>

<!-- agabop mode="ep" last-style="h1" -->
<HR NOSHADE SIZE="5">
<!-- END DIVISION: DIV_report PAGE POSITION: 1 -->
<PAGE>
<BR>
<!-- BEGIN DIVISION: DIV_report PAGE POSITION: 2 -->
<!-- agabop mode="main" last-style="h1" -->
<P ALIGN="CENTER"><DIV ALIGN="CENTER"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="3"><I>2013 Semi-Annual Report<BR> March 31,
2013</I></FONT></DIV></P>
<P ALIGN="JUSTIFY"><DIV ALIGN="JUSTIFY"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">Ellsworth Fund Ltd. operates as a closed-end, diversified
management investment company and invests primarily in convertible securities, with the objectives of providing income and the potential for capital
appreciation; which objectives the Fund considers to be relatively equal, over the long-term, due to the nature of the securities in which it
invests.</FONT></DIV></P>
<P ALIGN="CENTER"><DIV ALIGN="CENTER"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="4"><I>Highlights</I></FONT></DIV></P>
<P ALIGN="LEFT"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="3"><B>Performance through March 31, 2013</B><I> with dividends
reinvested</I></FONT></DIV></P>
<P ALIGN="LEFT"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"></FONT></DIV></P>
<TABLE ALIGN="" CELLPADDING="0" CELLSPACING="0" BORDER="0" WIDTH="100%">
<TR VALIGN="BOTTOM">
     <TD WIDTH="100%" nowrap ALIGN="CENTER"></TD>
     <TD><FONT STYLE="font: xx-small TIMES NEW ROMAN, TIMES, SERIF"><B>&nbsp;</B></FONT></TD>
     <TD><FONT STYLE="font: xx-small TIMES NEW ROMAN, TIMES, SERIF"><B>&nbsp;</B></FONT></TD>
     <TD><FONT STYLE="font: xx-small TIMES NEW ROMAN, TIMES, SERIF"><B>&nbsp;&nbsp;&nbsp;</B></FONT></TD>
     <TD COLSPAN="3" nowrap ALIGN="CENTER"><FONT STYLE="font: x-small TIMES NEW ROMAN, TIMES, SERIF"><B>Calendar</B></FONT></TD>
     <TD ALIGN="CENTER"><FONT STYLE="font: xx-small TIMES NEW ROMAN, TIMES, SERIF"><B>&nbsp;&nbsp;&nbsp;</B></FONT></TD>
     <TD COLSPAN="3" nowrap ALIGN="CENTER"></TD>
     <TD ALIGN="CENTER"><FONT STYLE="font: xx-small TIMES NEW ROMAN, TIMES, SERIF"><B>&nbsp;&nbsp;&nbsp;</B></FONT></TD>
     <TD COLSPAN="3" nowrap ALIGN="CENTER"></TD>
     <TD ALIGN="CENTER"><FONT STYLE="font: xx-small TIMES NEW ROMAN, TIMES, SERIF"><B>&nbsp;&nbsp;&nbsp;</B></FONT></TD>
     <TD COLSPAN="3" nowrap ALIGN="CENTER"><FONT STYLE="font: x-small TIMES NEW ROMAN, TIMES, SERIF"><B>Annualized</B></FONT></TD>
     <TD ALIGN="CENTER"><FONT STYLE="font: xx-small TIMES NEW ROMAN, TIMES, SERIF"><B>&nbsp;&nbsp;&nbsp;</B></FONT></TD>
     <TD COLSPAN="3" nowrap ALIGN="CENTER"></TD>
     <TD ALIGN="CENTER"><FONT STYLE="font: xx-small TIMES NEW ROMAN, TIMES, SERIF"><B>&nbsp;&nbsp;&nbsp;</B></FONT></TD>
     <TD COLSPAN="3" nowrap ALIGN="CENTER"><FONT STYLE="font: x-small TIMES NEW ROMAN, TIMES, SERIF"><B>10 Year</B></FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD WIDTH="100%" nowrap ALIGN="CENTER"></TD>
     <TD><FONT STYLE="font: xx-small TIMES NEW ROMAN, TIMES, SERIF"><B>&nbsp;</B></FONT></TD>
     <TD><FONT STYLE="font: xx-small TIMES NEW ROMAN, TIMES, SERIF"><B>&nbsp;</B></FONT></TD>
     <TD><FONT STYLE="font: xx-small TIMES NEW ROMAN, TIMES, SERIF"><B>&nbsp;&nbsp;&nbsp;</B></FONT></TD>
     <TD COLSPAN="3" nowrap ALIGN="CENTER"><FONT STYLE="font: x-small TIMES NEW ROMAN, TIMES, SERIF"><B>YTD<HR SIZE=1 NOSHADE
     COLOR="#000000"
ALIGN="CENTER"></B></FONT></TD>
     <TD ALIGN="CENTER"><FONT STYLE="font: xx-small TIMES NEW ROMAN, TIMES, SERIF"><B>&nbsp;&nbsp;&nbsp;</B></FONT></TD>
     <TD COLSPAN="3" nowrap ALIGN="CENTER"><FONT STYLE="font: x-small TIMES NEW ROMAN, TIMES, SERIF"><B>1 Year<HR SIZE=1 NOSHADE
     COLOR="#000000"
ALIGN="CENTER"></B></FONT></TD>
     <TD ALIGN="CENTER"><FONT STYLE="font: xx-small TIMES NEW ROMAN, TIMES, SERIF"><B>&nbsp;&nbsp;&nbsp;</B></FONT></TD>
     <TD COLSPAN="3" nowrap ALIGN="CENTER"><FONT STYLE="font: x-small TIMES NEW ROMAN, TIMES, SERIF"><B>3 Years<HR SIZE=1 NOSHADE
     COLOR="#000000"
ALIGN="CENTER"></B></FONT></TD>
     <TD ALIGN="CENTER"><FONT STYLE="font: xx-small TIMES NEW ROMAN, TIMES, SERIF"><B>&nbsp;&nbsp;&nbsp;</B></FONT></TD>
     <TD COLSPAN="3" nowrap ALIGN="CENTER"><FONT STYLE="font: x-small TIMES NEW ROMAN, TIMES, SERIF"><B>5 Years<HR SIZE=1 NOSHADE
     COLOR="#000000"
ALIGN="CENTER"></B></FONT></TD>
     <TD ALIGN="CENTER"><FONT STYLE="font: xx-small TIMES NEW ROMAN, TIMES, SERIF"><B>&nbsp;&nbsp;&nbsp;</B></FONT></TD>
     <TD COLSPAN="3" nowrap ALIGN="CENTER"><FONT STYLE="font: x-small TIMES NEW ROMAN, TIMES, SERIF"><B>10 Years<HR SIZE=1 NOSHADE
     COLOR="#000000"
ALIGN="CENTER"></B></FONT></TD>
     <TD ALIGN="CENTER"><FONT STYLE="font: xx-small TIMES NEW ROMAN, TIMES, SERIF"><B>&nbsp;&nbsp;&nbsp;</B></FONT></TD>
     <TD COLSPAN="3" nowrap ALIGN="CENTER"><FONT STYLE="font: x-small TIMES NEW ROMAN, TIMES, SERIF"><B>Volatility *<HR SIZE=1
     NOSHADE COLOR="#000000"
ALIGN="CENTER"></B></FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 10px; TEXT-INDENT:
-10px">Ellsworth market price</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">7.90</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">%&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">7.84</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">%&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">7.66</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">%&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">4.34</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">%&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">5.76</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">%&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">15.44</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">%&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 10px; TEXT-INDENT:
-10px">Ellsworth net asset value</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">7.17</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">10.13</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">8.80</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">5.40</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">6.45</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">12.27</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 10px; TEXT-INDENT:
-10px">Bank of America Merrill Lynch All U.S. Convertibles Index</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">7.59</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">12.21</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">9.03</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">6.81</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">7.77</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">12.44</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 10px; TEXT-INDENT:
-10px">S&amp;P 500&#174; Index</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">10.60</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">13.95</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">12.68</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">5.81</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">8.52</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">14.94</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TABLE>
&nbsp;<BR>
<P ALIGN="LEFT"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">Bank of America Merrill Lynch All U.S. Convertibles Index and
S&amp;P 500&#174; Index performance in the table above are from the Bloomberg L.P. pricing service.</FONT></DIV></P>
<P ALIGN="LEFT"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">Ellsworth&#146;s 10-year performance in the table above has not
been adjusted for the fiscal 2004 rights offering; net asset value dilution was 2.21%. Performance data represents past results and does not reflect
future performance.</FONT></DIV></P>
<P ALIGN="LEFT"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">* Volatility is a measure of risk based on the standard deviation
of the return. The greater the volatility, the greater the chance of a profit or risk of a loss.</FONT></DIV></P>
<P ALIGN="LEFT"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><HR SIZE="1" NOSHADE COLOR="#000000"></FONT></DIV></P>
<P ALIGN="LEFT"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="3"><B>Quarterly History of NAV and Market Price</B></FONT></DIV></P>
<P ALIGN="LEFT"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"></FONT></DIV></P>
<TABLE ALIGN="" CELLPADDING="0" CELLSPACING="0" BORDER="0" WIDTH="100%">
<TR VALIGN="BOTTOM">
     <TD WIDTH="5%" nowrap ALIGN="CENTER"></TD>
     <TD><FONT STYLE="font: xx-small TIMES NEW ROMAN, TIMES, SERIF"><B>&nbsp;</B></FONT></TD>
     <TD><FONT STYLE="font: xx-small TIMES NEW ROMAN, TIMES, SERIF"><B>&nbsp;</B></FONT></TD>
     <TD><FONT STYLE="font: xx-small TIMES NEW ROMAN, TIMES, SERIF"><B>&nbsp;&nbsp;&nbsp;</B></FONT></TD>
     <TD COLSPAN=11 nowrap ALIGN="CENTER"><FONT STYLE="font: x-small TIMES NEW ROMAN, TIMES, SERIF"><B>Net Asset Values</B></FONT></TD>
     <TD ALIGN="CENTER"><FONT STYLE="font: xx-small TIMES NEW ROMAN, TIMES, SERIF"><B>&nbsp;&nbsp;&nbsp;</B></FONT></TD>
     <TD COLSPAN=11 nowrap ALIGN="CENTER"><FONT STYLE="font: x-small TIMES NEW ROMAN, TIMES, SERIF"><B>Market Prices (NYSE MKT
     symbol: ECF)</B></FONT></TD>
     <TD ALIGN="CENTER"><FONT STYLE="font: xx-small TIMES NEW ROMAN, TIMES, SERIF"><B>&nbsp;&nbsp;&nbsp;</B></FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD WIDTH="5%" nowrap ALIGN="CENTER"><FONT STYLE="font: x-small TIMES NEW ROMAN, TIMES, SERIF"><B>Qtr. Ended<HR SIZE=1 NOSHADE
     COLOR="#000000"
ALIGN="CENTER"></B></FONT></TD>
     <TD><FONT STYLE="font: xx-small TIMES NEW ROMAN, TIMES, SERIF"><B>&nbsp;</B></FONT></TD>
     <TD><FONT STYLE="font: xx-small TIMES NEW ROMAN, TIMES, SERIF"><B>&nbsp;</B></FONT></TD>
     <TD><FONT STYLE="font: xx-small TIMES NEW ROMAN, TIMES, SERIF"><B>&nbsp;&nbsp;&nbsp;</B></FONT></TD>
     <TD COLSPAN="3" nowrap ALIGN="CENTER"><FONT STYLE="font: x-small TIMES NEW ROMAN, TIMES, SERIF"><B>High<HR SIZE=1 NOSHADE
     COLOR="#000000"
ALIGN="CENTER"></B></FONT></TD>
     <TD ALIGN="CENTER"><FONT STYLE="font: xx-small TIMES NEW ROMAN, TIMES, SERIF"><B>&nbsp;&nbsp;&nbsp;</B></FONT></TD>
     <TD COLSPAN="3" nowrap ALIGN="CENTER"><FONT STYLE="font: x-small TIMES NEW ROMAN, TIMES, SERIF"><B>Low<HR SIZE=1 NOSHADE
     COLOR="#000000"
ALIGN="CENTER"></B></FONT></TD>
     <TD ALIGN="CENTER"><FONT STYLE="font: xx-small TIMES NEW ROMAN, TIMES, SERIF"><B>&nbsp;&nbsp;&nbsp;</B></FONT></TD>
     <TD COLSPAN="3" nowrap ALIGN="CENTER"><FONT STYLE="font: x-small TIMES NEW ROMAN, TIMES, SERIF"><B>Close<HR SIZE=1 NOSHADE
     COLOR="#000000"
ALIGN="CENTER"></B></FONT></TD>
     <TD ALIGN="CENTER"><FONT STYLE="font: xx-small TIMES NEW ROMAN, TIMES, SERIF"><B>&nbsp;&nbsp;&nbsp;</B></FONT></TD>
     <TD COLSPAN="3" nowrap ALIGN="CENTER"><FONT STYLE="font: x-small TIMES NEW ROMAN, TIMES, SERIF"><B>High<HR SIZE=1 NOSHADE
     COLOR="#000000"
ALIGN="CENTER"></B></FONT></TD>
     <TD ALIGN="CENTER"><FONT STYLE="font: xx-small TIMES NEW ROMAN, TIMES, SERIF"><B>&nbsp;&nbsp;&nbsp;</B></FONT></TD>
     <TD COLSPAN="3" nowrap ALIGN="CENTER"><FONT STYLE="font: x-small TIMES NEW ROMAN, TIMES, SERIF"><B>Low<HR SIZE=1 NOSHADE
     COLOR="#000000"
ALIGN="CENTER"></B></FONT></TD>
     <TD ALIGN="CENTER"><FONT STYLE="font: xx-small TIMES NEW ROMAN, TIMES, SERIF"><B>&nbsp;&nbsp;&nbsp;</B></FONT></TD>
     <TD COLSPAN="3" nowrap ALIGN="CENTER"><FONT STYLE="font: x-small TIMES NEW ROMAN, TIMES, SERIF"><B>Close<HR SIZE=1 NOSHADE
     COLOR="#000000"
ALIGN="CENTER"></B></FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="CENTER" WIDTH="5%"><DIV ALIGN="CENTER"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 20px; TEXT-INDENT:
-10px">6/30/12</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;$</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">8.52</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;$</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">7.80</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;$</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">8.15</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;$</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">7.40</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;$</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">6.72</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;$</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">7.03</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="CENTER" WIDTH="5%"><DIV ALIGN="CENTER"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 20px; TEXT-INDENT:
-10px">9/30/12</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">8.57</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">8.06</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">8.48</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">7.35</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">7.00</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">7.35</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="CENTER" WIDTH="5%"><DIV ALIGN="CENTER"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 20px; TEXT-INDENT:
-10px">12/31/12</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">8.56</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">8.10</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">8.44</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">7.42</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">6.81</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">7.14</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="CENTER" WIDTH="5%"><DIV ALIGN="CENTER"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 20px; TEXT-INDENT:
-10px">3/31/13</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">8.97</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">8.55</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">8.97</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">7.66</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">7.28</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">7.64</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TABLE>
&nbsp;<BR>
<P ALIGN="LEFT"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><HR SIZE="1" NOSHADE COLOR="#000000"></FONT></DIV></P>
<P ALIGN="LEFT"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="3"><B>Dividend Distributions (12 Months)</B></FONT></DIV></P>
<P ALIGN="LEFT"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"></FONT></DIV></P>
<TABLE ALIGN="" CELLPADDING="0" CELLSPACING="0" BORDER="0" WIDTH="100%">
<TR VALIGN="BOTTOM">
     <TD WIDTH="5%" nowrap ALIGN="CENTER"><FONT STYLE="font: x-small TIMES NEW ROMAN, TIMES, SERIF"><B>Record<BR> Date<HR SIZE=1
     NOSHADE COLOR="#000000"
ALIGN="CENTER"></B></FONT></TD>
     <TD><FONT STYLE="font: xx-small TIMES NEW ROMAN, TIMES, SERIF"><B>&nbsp;</B></FONT></TD>
     <TD><FONT STYLE="font: xx-small TIMES NEW ROMAN, TIMES, SERIF"><B>&nbsp;</B></FONT></TD>
     <TD><FONT STYLE="font: xx-small TIMES NEW ROMAN, TIMES, SERIF"><B>&nbsp;&nbsp;&nbsp;</B></FONT></TD>
     <TD COLSPAN="3" nowrap ALIGN="CENTER"><FONT STYLE="font: x-small TIMES NEW ROMAN, TIMES, SERIF"><B>Payment<BR> Date<HR SIZE=1
     NOSHADE COLOR="#000000"
ALIGN="CENTER"></B></FONT></TD>
     <TD ALIGN="CENTER"><FONT STYLE="font: xx-small TIMES NEW ROMAN, TIMES, SERIF"><B>&nbsp;&nbsp;&nbsp;</B></FONT></TD>
     <TD COLSPAN="3" nowrap ALIGN="CENTER"><FONT STYLE="font: x-small TIMES NEW ROMAN, TIMES, SERIF"><B>Income<HR SIZE=1 NOSHADE
     COLOR="#000000"
ALIGN="CENTER"></B></FONT></TD>
     <TD ALIGN="CENTER"><FONT STYLE="font: xx-small TIMES NEW ROMAN, TIMES, SERIF"><B>&nbsp;&nbsp;&nbsp;</B></FONT></TD>
     <TD COLSPAN="3" nowrap ALIGN="CENTER"><FONT STYLE="font: x-small TIMES NEW ROMAN, TIMES, SERIF"><B>Capital<BR> Gains<HR SIZE=1
     NOSHADE COLOR="#000000"
ALIGN="CENTER"></B></FONT></TD>
     <TD ALIGN="CENTER"><FONT STYLE="font: xx-small TIMES NEW ROMAN, TIMES, SERIF"><B>&nbsp;&nbsp;&nbsp;</B></FONT></TD>
     <TD COLSPAN="3" nowrap ALIGN="CENTER"><FONT STYLE="font: x-small TIMES NEW ROMAN, TIMES, SERIF"><B>Total<HR SIZE=1 NOSHADE
     COLOR="#000000"
ALIGN="CENTER"></B></FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="CENTER" WIDTH="5%"><DIV ALIGN="CENTER"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 20px; TEXT-INDENT:
-10px">5/16/12</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">5/30/12</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;$</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">0.0625</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;$</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&#151;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;$</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">0.0625</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="CENTER" WIDTH="5%"><DIV ALIGN="CENTER"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 20px; TEXT-INDENT:
-10px">8/16/12</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">8/30/12</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">0.0625</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&#151;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">0.0625</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="CENTER" WIDTH="5%"><DIV ALIGN="CENTER"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 20px; TEXT-INDENT:
-10px">10/26/12</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">11/21/12</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">0.0750</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&#151;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">0.0750</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="CENTER" WIDTH="5%"><DIV ALIGN="CENTER"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 20px; TEXT-INDENT:
-10px">2/13/13</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">2/27/13</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">0.0630</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&#151;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">0.0630</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="CENTER" WIDTH="5%"><DIV ALIGN="CENTER"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 0px; TEXT-INDENT:
0px">&nbsp;</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: double windowtext 2pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;$</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: double windowtext 2pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">0.2630</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 2pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: double windowtext 2pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;$</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: double windowtext 2pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&#151;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 2pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: double windowtext 2pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;$</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: double windowtext 2pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">0.2630</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 2pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TABLE>
&nbsp;<BR>
<!-- agabop mode="ep" last-style="h2" -->
<HR NOSHADE SIZE="5">
<!-- END DIVISION: DIV_report PAGE POSITION: 2 -->
<PAGE>
<BR>
<!-- BEGIN DIVISION: DIV_report PAGE POSITION: 3 -->
<!-- agabop mode="main" last-style="h2" -->
<P ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"></FONT></P>
<TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0 WIDTH="100%">
 <TR STYLE="FONT-SIZE:1PX">
 <TD WIDTH="100%" VALIGN=TOP>
 <P>&nbsp;</P>
 </TD>
 </TR>
 <TR>
 <TD VALIGN=TOP>
 <P><FONT SIZE=1>E L L S W O R T H&nbsp;&nbsp;&nbsp;F U N D&nbsp;&nbsp;
 L T D .&nbsp;&nbsp;2 0 1 3&nbsp;&nbsp; S E M I - A N N U A L&nbsp;&nbsp; R E P O R T &nbsp;&nbsp;T O &nbsp;&nbsp;S H A R E H O L D E R S</FONT></P>
 </TD>
 </TR>
 <TR>
 <TD VALIGN=TOP BGCOLOR="#e6e6e6">
 <P><FONT SIZE=1>&nbsp;</FONT></P>
 </TD>
 </TR>
 <TR>
 <TD VALIGN=TOP><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="6">To Our Shareholders</FONT></P>
 </TD>
 </TR>
</TABLE>
<P ALIGN="JUSTIFY"><DIV ALIGN="JUSTIFY"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">May 13, 2013</FONT></DIV></P>
<P ALIGN="JUSTIFY"><DIV STYLE="TEXT-INDENT: 20px" ALIGN="JUSTIFY"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">The goal of Ellsworth Fund Ltd.
is to provide shareholders with income and the potential for capital gains. To achieve this goal, Ellsworth invests primarily in convertible securities
and, to a lesser extent, in dividend paying common stocks. Management seeks a balanced portfolio of convertibles and other securities that provide a
mix of income and equity sensitivity. The best performance in the convertible securities marketplace this calendar year has come from equity sensitive
convertibles and the worst from fixed income (or credit sensitive) equivalent issues. The largest group of convertible issues held in the Ellsworth
portfolio falls into the total return category (a middle category with some yield and some equity sensitivity); the portfolio is less represented by
equity sensitive issues than the convertible indices are. This is also true in the case of many convertible mutual funds, so while Ellsworth was not
able to beat the Bank of America Merrill Lynch All U.S. Convertibles Index (BAML Index) for the twelve months ended March 31, 2013, the Fund&#146;s
performance did exceed that of the Lipper average of convertible mutual funds.</FONT></DIV></P>
<P ALIGN="JUSTIFY"><DIV STYLE="TEXT-INDENT: 20px" ALIGN="JUSTIFY"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">A convertible portfolio dominated
by total return issues carries less risk of significant decline in an equity bear market than a convertible portfolio overweighted with equity
sensitive securities. Further, the portfolio&#146;s common stocks are of a very high quality with good yields and have so far enhanced the Fund&#146;s
returns. Consequently, we believe the current portfolio represents a mix of securities that can meet the Fund&#146;s objectives in all
markets.</FONT></DIV></P>
<P ALIGN="JUSTIFY"><DIV STYLE="TEXT-INDENT: 20px" ALIGN="JUSTIFY"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">As of May 1, 2013 Barclay&#146;s
research calculated the cumulative value of the 503 U.S. Convertible securities outstanding at $219 billion with 78% of the issues in the form of
cash-pay bonds. 44% of the market represented large capitalization issuers, 36% small capitalization, and 20% mid-capitalization issuers. The large
capitalization issues in the BAML Index have achieved the best performance this year.</FONT></DIV></P>
<P ALIGN="JUSTIFY"><DIV STYLE="TEXT-INDENT: 20px" ALIGN="JUSTIFY"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">Issuance of new convertible securities in 2013 (through May 10)
has improved over any period of comparable length in 2012. There have been 38 new issues with proceeds of $13.7 billion and an average size of $360
million. All of these statistics are up from last year and well ahead of all of 2012&#146;s 68 issues with proceeds of $21 billion and average issue
size of $306 million. This is a welcome change as the convertible securities market has been enduring reduced issuance since 2007.</FONT></DIV></P>
<P ALIGN="JUSTIFY"><DIV STYLE="TEXT-INDENT: 20px" ALIGN="JUSTIFY"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">Ellsworth&#146;s portfolio at
quarter end consisted of 59.9% in cash-pay convertible bonds, 9.9% in mandatory convertible issues, 11.9% in preferred stock and 14.5% in dividend
paying common stock. The bonds yielded an average of 2.74%, the mandatories yielded 6.04%, the preferred shares yielded 5.67%, and the common shares,
4.85%. The Fund&#146;s median to conversion value was 26.2%. Equity sensitive convertibles and common stock holdings made up 29.5% of the portfolio
with credit sensitive issues accounting for 23.8% and total return issues at 46.7%.</FONT></DIV></P>
<P ALIGN="JUSTIFY"><DIV STYLE="TEXT-INDENT: 20px" ALIGN="JUSTIFY"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">Performance for Ellsworth&#146;s
second fiscal quarter of 2013 ended March 31, 2013 was enhanced by exposure to the Health Care and Industrials sectors. Performance was held back,
however, by the Fund&#146;s exposure to the Utility and Information Technology sectors. When adjusted for expenses and dilution to make performance
comparable to the BAML Index, the Fund&#146;s net assets outperformed the index for the three- and ten-year periods, but underperformed for the
three-month, and one- and five-year periods ended March 31, 2013. The Fund&#146;s market return also outperformed the BAML Index for the three-month
period ended March 31, 2013.</FONT></DIV></P>
<P ALIGN="JUSTIFY"><DIV STYLE="TEXT-INDENT: 20px" ALIGN="JUSTIFY"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">Ellsworth invests in convertible
securities to provide total returns to shareholders that compare favorably to those provided by equity markets, but with less volatility. We therefore
note that the Fund&#146;s NAV was less volatile than the S&amp;P 500&#174; Index as measured by their 10-year standard deviations. Moreover, the
Fund&#146;s NAV outperformed that common stock index over five years.</FONT></DIV></P>
<P ALIGN="RIGHT"><DIV ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><I>continued on the following page</I></FONT></DIV></P>
<!-- agabop mode="ep" last-style="textr" -->
<P ALIGN="CENTER"><DIV ALIGN="CENTER"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><B><I>-&nbsp;1&nbsp;-<BR></I></B></FONT></DIV></P>
<HR NOSHADE SIZE="5">
<!-- END DIVISION: DIV_report PAGE POSITION: 3 -->
<PAGE>
<BR>
<!-- BEGIN DIVISION: DIV_report PAGE POSITION: 4 -->
<!-- agabop mode="main" last-style="textr" -->
<TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0 WIDTH="100%">
 <TR STYLE="FONT-SIZE:1PX">
 <TD WIDTH="100%" VALIGN=TOP>
 <P>&nbsp;</P>
 </TD>
 </TR>
 <TR>
 <TD VALIGN=TOP>
 <P><FONT SIZE=1>E L L S W O R T H&nbsp;&nbsp;&nbsp;F U N D&nbsp;&nbsp;
 L T D .&nbsp;&nbsp;2 0 1 3&nbsp;&nbsp; S E M I - A N N U A L&nbsp;&nbsp; R E P O R T &nbsp;&nbsp;T O &nbsp;&nbsp;S H A R E H O L D E R S</FONT></P>
 </TD>
 </TR>
 <TR>
 <TD VALIGN=TOP BGCOLOR="#e6e6e6">
 <P><FONT SIZE=1>&nbsp;</FONT></P>
 </TD>
 </TR>
 <TR>
 <TD VALIGN=TOP><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="6">To Our Shareholders </FONT><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="4"><I>(continued)</I></FONT></P>
 </TD>
 </TR>
</TABLE>
<P ALIGN="JUSTIFY"><DIV STYLE="Text-Indent: 20px; ALIGN="JUSTIFY"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">The results of the 2013 annual
meeting of shareholders are shown in the Miscellaneous Notes section of this report. We thank you for your participation and support. At its April
meeting, the Board of Trustees of the Fund declared a distribution of $0.06 per share, consisting of undistributed net investment income. The
distribution is payable on May 30, 2013, to shareholders of record on May 16, 2013.<BR>
<DIV ALIGN="LEFT"><IMG SRC="thomasdinsmore-sig.jpg">
</DIV>
 </FONT></DIV></P>
<P ALIGN="JUSTIFY"><DIV ALIGN="JUSTIFY"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">Thomas H. Dinsmore<BR> Chairman of the Board<BR>
<DIV ALIGN="CENTER"><IMG SRC="d30493-chart.jpg">
<BR>&nbsp;</DIV></FONT></DIV></P>
<!-- agabop mode="ep" last-style="textf" -->
<P ALIGN="CENTER"><DIV ALIGN="CENTER"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><B><I>-&nbsp;2&nbsp;-<BR></I></B></FONT></DIV></P>
<HR NOSHADE SIZE="5">
<!-- END DIVISION: DIV_report PAGE POSITION: 4 -->
<PAGE>
<BR>
<!-- BEGIN DIVISION: DIV_report PAGE POSITION: 5 -->
<!-- agabop mode="main" last-style="textf" -->
<TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0 WIDTH="100%">
 <TR STYLE="FONT-SIZE:1PX">
 <TD WIDTH="100%" VALIGN=TOP>
 <P>&nbsp;</P>
 </TD>
 </TR>
 <TR>
 <TD VALIGN=TOP>
 <P><FONT SIZE=1>E L L S W O R T H&nbsp;&nbsp;&nbsp;F U N D&nbsp;&nbsp;
 L T D .&nbsp;&nbsp;2 0 1 3&nbsp;&nbsp; S E M I - A N N U A L&nbsp;&nbsp; R E P O R T &nbsp;&nbsp;T O &nbsp;&nbsp;S H A R E H O L D E R S</FONT></P>
 </TD>
 </TR>
 <TR>
 <TD VALIGN=TOP BGCOLOR="#e6e6e6">
 <P><FONT SIZE=1>&nbsp;</FONT></P>
 </TD>
 </TR>
 <TR>
 <TD VALIGN=TOP><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="6">Largest Investment Holdings</FONT> <FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="4">by underlying common
stock</FONT></P>
 </TD>
 </TR>
</TABLE>

<TABLE ALIGN="" CELLPADDING="0" CELLSPACING="0" BORDER="0" WIDTH="100%">
<TR VALIGN="BOTTOM">
     <TD WIDTH="100%" nowrap ALIGN="CENTER"></TD>
     <TD><FONT STYLE="font: xx-small TIMES NEW ROMAN, TIMES, SERIF"><B>&nbsp;</B></FONT></TD>
     <TD><FONT STYLE="font: xx-small TIMES NEW ROMAN, TIMES, SERIF"><B>&nbsp;</B></FONT></TD>
     <TD><FONT STYLE="font: xx-small TIMES NEW ROMAN, TIMES, SERIF"><B>&nbsp;&nbsp;&nbsp;</B></FONT></TD>
     <TD COLSPAN="3" nowrap ALIGN="CENTER"><FONT STYLE="font: x-small TIMES NEW ROMAN, TIMES, SERIF"><B>Value<BR> (Note 1)<HR
     SIZE=1 NOSHADE COLOR="#000000"
ALIGN="CENTER"></B></FONT></TD>
     <TD ALIGN="CENTER"><FONT STYLE="font: xx-small TIMES NEW ROMAN, TIMES, SERIF"><B>&nbsp;&nbsp;&nbsp;</B></FONT></TD>
     <TD COLSPAN="3" nowrap ALIGN="CENTER"><FONT STYLE="font: x-small TIMES NEW ROMAN, TIMES, SERIF"><B>% Total<BR> Net Assets<HR
     SIZE=1 NOSHADE COLOR="#000000"
ALIGN="CENTER"></B></FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 0px; TEXT-INDENT:
0px">Gilead Sciences, Inc.</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;$</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"> 3,800,474</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">3.1</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"> %&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 10px; TEXT-INDENT:
0px">Gilead Sciences is a research-based biopharmaceutical company that discovers, develops and commercializes medicines. Gilead&#146;s primary areas
of focus include human immunodeficiency virus (HIV)/AIDS, liver diseases, and cardiovascular/metabolic and respiratory
conditions.</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
</TR>
<TR><TD>&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 0px; TEXT-INDENT:
0px">Verizon Communications Inc.</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">2,949,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">2.4</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 10px; TEXT-INDENT:
0px">Verizon is a provider of communications services. The company has two segments: domestic wireless and wireline. Its domestic wireless
communications products and services include wireless voice and data services and equipment sales, which are provided to consumer, business and
government customers across the U.S. The wireline communications products and services include voice, Internet access, broadband video and data,
Internet protocol network services and other services.</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
</TR>
<TR><TD>&nbsp;</TD></TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 0px; TEXT-INDENT:
0px">Wells Fargo &amp; Co.</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">2,577,500</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">2.1</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 10px; TEXT-INDENT:
0px">Wells Fargo is a diversified financial services company, providing retail, commercial and corporate banking services through banking stores
located in 39 states and the District of Columbia.</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
</TR>
<TR><TD>&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 0px; TEXT-INDENT:
0px">AT&amp;T Inc.</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">2,568,300</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">2.1</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 10px; TEXT-INDENT:
0px">AT&amp;T is a provider of telecommunications services in the U.S. and worldwide. These include wireless communications, local exchange services,
long-distance services, data/broadband and Internet services, and video services. It operates in four segments: wireless, which provides both wireless
voice and data communications services across the U.S. and in foreign countries; wireline, which provides landline voice and data communication
services and managed networking to business customers; advertising solutions; and other, which provides results from customer information services and
all corporate and other operations.</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
</TR>
<TR><TD>&nbsp;</TD></TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 0px; TEXT-INDENT:
0px">United Technologies Corp.</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">2,394,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">2.0</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 10px; TEXT-INDENT:
0px">United Technologies provides high technology products and services to the building systems and aerospace industries
worldwide.</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
</TR>
<TR><TD>&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 0px; TEXT-INDENT:
0px">Intel Corp.</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">2,141,875</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">1.8</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 10px; TEXT-INDENT:
0px">Intel is a semiconductor chip maker. The company is engaged in developing advanced integrated digital technology products, primarily integrated
circuits, for industries such as computing and communications.</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
</TR>
<TR><TD>&nbsp;</TD></TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 0px; TEXT-INDENT:
0px">EMC Corp.</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">2,090,382</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">1.7</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 10px; TEXT-INDENT:
0px">EMC and its subsidiaries develop, deliver and support the information technology (IT) industry&#146;s range of information infrastructure
technologies and solutions.</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
</TR>
<TR><TD>&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 0px; TEXT-INDENT:
0px">Bank of America Corp.</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">1,949,056</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">1.6</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 10px; TEXT-INDENT:
0px">Bank of America is a bank holding company, a financial holding company, and a financial institution, serving individual consumers, small and
middle market businesses, corporations and Governments with a range of banking, investing, asset management and other financial and risk management
products and services.</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
<TD>&nbsp;&nbsp;&nbsp;</TD>
<TD>&nbsp;&nbsp;&nbsp;</TD>
<TD>&nbsp;&nbsp;&nbsp;</TD>
<TD>&nbsp;&nbsp;&nbsp;</TD>
<TD>&nbsp;&nbsp;&nbsp;</TD>
<TD>&nbsp;&nbsp;&nbsp;</TD>
<TD>&nbsp;&nbsp;&nbsp;</TD></TR>
<TR><TD>&nbsp;</TD></TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 0px; TEXT-INDENT:
0px">Total</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: double windowtext 2pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;$</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: double windowtext 2pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">20,470,587</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 2pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: double windowtext 2pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: double windowtext 2pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">16.8</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 2pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">%&nbsp;&nbsp;</FONT></TD>
</TABLE>
&nbsp;<BR>
<!-- agabop mode="ep" last-style="h2" -->
<P ALIGN="CENTER"><DIV ALIGN="CENTER"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><B><I>-&nbsp;3&nbsp;-<BR></I></B></FONT></DIV></P>
<HR NOSHADE SIZE="5">
<!-- END DIVISION: DIV_report PAGE POSITION: 5 -->
<PAGE>
<BR>
<!-- BEGIN DIVISION: DIV_report PAGE POSITION: 6 -->
<!-- agabop mode="main" last-style="h2" -->
<TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0 WIDTH="100%">
 <TR STYLE="FONT-SIZE:1PX">
 <TD WIDTH="100%" VALIGN=TOP>
 <P>&nbsp;</P>
 </TD>
 </TR>
 <TR>
 <TD VALIGN=TOP>
 <P><FONT SIZE=1>E L L S W O R T H&nbsp;&nbsp;&nbsp;F U N D&nbsp;&nbsp;
 L T D .&nbsp;&nbsp;2 0 1 3&nbsp;&nbsp; S E M I - A N N U A L&nbsp;&nbsp; R E P O R T &nbsp;&nbsp;T O &nbsp;&nbsp;S H A R E H O L D E R S</FONT></P>
 </TD>
 </TR>
 <TR>
 <TD VALIGN=TOP BGCOLOR="#e6e6e6">
 <P><FONT SIZE=1>&nbsp;</FONT></P>
 </TD>
 </TR>
 <TR>
 <TD VALIGN=TOP><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="6">Major Industry Exposure</FONT></P>
 </TD>
 </TR>
</TABLE>

<TABLE ALIGN="" CELLPADDING="0" CELLSPACING="0" BORDER="0" WIDTH="100%">
<TR VALIGN="BOTTOM">
     <TD WIDTH="100%" nowrap ALIGN="CENTER"></TD>
     <TD><FONT STYLE="font: xx-small TIMES NEW ROMAN, TIMES, SERIF"><B>&nbsp;</B></FONT></TD>
     <TD><FONT STYLE="font: xx-small TIMES NEW ROMAN, TIMES, SERIF"><B>&nbsp;</B></FONT></TD>
     <TD><FONT STYLE="font: xx-small TIMES NEW ROMAN, TIMES, SERIF"><B>&nbsp;&nbsp;&nbsp;</B></FONT></TD>
     <TD COLSPAN="3" nowrap ALIGN="CENTER"><FONT STYLE="font: x-small TIMES NEW ROMAN, TIMES, SERIF"><B>% Total<BR> Net Assets<HR
     SIZE=1 NOSHADE COLOR="#000000"
ALIGN="CENTER"></B></FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 10px; TEXT-INDENT:
-10px">Semiconductors &amp; Semiconductor Equipment</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">7.8</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">%&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 10px; TEXT-INDENT:
-10px">Software </DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">6.9</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 10px; TEXT-INDENT:
-10px">Pharmaceuticals </DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">6.8</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 10px; TEXT-INDENT:
-10px">Diversified Telecommunications Services </DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">5.1</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 10px; TEXT-INDENT:
-10px">Biotechnology </DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">5.0</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 10px; TEXT-INDENT:
-10px">Oil, Gas &amp; Consumable Fuels </DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">5.0</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 10px; TEXT-INDENT:
-10px">Commercial Banks </DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">4.6</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 10px; TEXT-INDENT:
-10px">Insurance </DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">4.3</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 10px; TEXT-INDENT:
-10px">Metals &amp; Mining </DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">4.2</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 10px; TEXT-INDENT:
-10px">Real Estate Investment Trusts </DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">3.6</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR>
<TD>&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 10px; TEXT-INDENT:
-10px">Total </DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: double windowtext 2pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: double windowtext 2pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">53.3</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 2pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">%&nbsp;&nbsp;</FONT></TD>
</TABLE>
&nbsp;<BR>
<TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0 WIDTH="100%">
 <TR STYLE="FONT-SIZE:1PX">
 <TD WIDTH="100%" VALIGN=TOP>
 <P>&nbsp;</P>
 </TD>
 </TR>
  <TR>
 <TD VALIGN=TOP BGCOLOR="#e6e6e6">
 <P><FONT SIZE=1>&nbsp;</FONT></P>
 </TD>
 </TR>
 <TR>
 <TD VALIGN=TOP>
<P ALIGN=JUSTIFY><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="6">Major Portfolio Changes </FONT><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="4">by underlying common
stock</FONT></p>
</TD>
 </TR>
</TABLE>
<P ALIGN="JUSTIFY"><DIV ALIGN="JUSTIFY" STYLE="Margin-Top: -12pt"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="4">Six months ended March 31, 2013</FONT></DIV></P>
<P ALIGN="JUSTIFY"><DIV ALIGN="JUSTIFY"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"></FONT></DIV></P>
<TABLE ALIGN="" CELLPADDING="0" CELLSPACING="0" BORDER="0" WIDTH="100%">
<TR VALIGN="BOTTOM">
     <TH WIDTH="50%" nowrap ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="3">A<small>DDITIONS</small></FONT></TH>
     <TH><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="1">&nbsp;</FONT></TH>
     <TH><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="1">&nbsp;</FONT></TH>
     <TH><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="1">&nbsp;&nbsp;&nbsp;</FONT></TH>
     <TH COLSPAN="3" WIDTH="50%" nowrap ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="3">R<small>EDUCTIONS</small></FONT></TH>
</TR>
<TR><TD>&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="50%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 0px; TEXT-INDENT:
0px">Bottomline Technologies, Inc.</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD ALIGN="LEFT" WIDTH="50%" COLSPAN="3"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 0px;
TEXT-INDENT: 0px">Amgen Inc.</DIV></FONT></DIV></TD>
</TR>
<TR><TD>&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="50%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 0px; TEXT-INDENT:
0px">Bristow Group Inc.</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD ALIGN="LEFT" WIDTH="50%" COLSPAN="3"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 0px;
TEXT-INDENT: 0px">Chesapeake Energy Corp.</DIV></FONT></DIV></TD>
</TR>
<TR><TD>&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="50%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 0px; TEXT-INDENT:
0px">Cliffs Natural Resources Inc.</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD ALIGN="LEFT" WIDTH="50%" COLSPAN="3"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 0px;
TEXT-INDENT: 0px">Cliffs Natural Resources Inc.</DIV></FONT></DIV></TD>
</TR>
<TR><TD>&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="50%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 0px; TEXT-INDENT:
0px">DFC Global Corp.</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD ALIGN="LEFT" WIDTH="50%" COLSPAN="3"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 0px;
TEXT-INDENT: 0px">Endo Health Solutions Inc.</DIV></FONT></DIV></TD>
</TR>
<TR><TD>&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="50%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 0px; TEXT-INDENT:
0px">Eli Lilly &amp; Co.</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD ALIGN="LEFT" WIDTH="50%" COLSPAN="3"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 0px;
TEXT-INDENT: 0px">Intel Corp.</DIV></FONT></DIV></TD>
</TR>
<TR><TD>&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="50%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 0px; TEXT-INDENT:
0px">Encore Capital Group, Inc.</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD ALIGN="LEFT" WIDTH="50%" COLSPAN="3"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 0px;
TEXT-INDENT: 0px">Interpublic Group of Companies, Inc.</DIV></FONT></DIV></TD>
</TR>
<TR><TD>&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="50%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 0px; TEXT-INDENT:
0px">Huntington Bancshares, Inc.</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD ALIGN="LEFT" WIDTH="50%" COLSPAN="3"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 0px;
TEXT-INDENT: 0px">ISIS Pharmaceuticals, Inc.</DIV></FONT></DIV></TD>
</TR>
<TR><TD>&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="50%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 0px; TEXT-INDENT:
0px">Invesco Mortgage Capital Inc.</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD ALIGN="LEFT" WIDTH="50%" COLSPAN="3"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 0px;
TEXT-INDENT: 0px">Linear Technology Corp.</DIV></FONT></DIV></TD>
</TR>
<TR><TD>&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="50%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 0px; TEXT-INDENT:
0px">Iconix Brand Group, Inc.</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD ALIGN="LEFT" WIDTH="50%" COLSPAN="3"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 0px;
TEXT-INDENT: 0px">Medicis Pharmaceutical Corp.</DIV></FONT></DIV></TD>
</TR>
<TR><TD>&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="50%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 0px; TEXT-INDENT:
0px">International Game Technology</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD ALIGN="LEFT" WIDTH="50%" COLSPAN="3"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 0px;
TEXT-INDENT: 0px">SBA Communications Corp.</DIV></FONT></DIV></TD>
</TR>
<TR><TD>&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="50%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 0px; TEXT-INDENT:
0px">Ixia</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD ALIGN="LEFT" WIDTH="50%" COLSPAN="3"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 0px;
TEXT-INDENT: 0px">TIBCO Software Inc.</DIV></FONT></DIV></TD>
</TR>
<TR><TD>&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="50%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 0px; TEXT-INDENT:
0px">Lifepoint Hospitals, Inc.</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD ALIGN="LEFT" WIDTH="50%" COLSPAN="3"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 0px;
TEXT-INDENT: 0px">Titan International, Inc.</DIV></FONT></DIV></TD>
</TR>
<TR><TD>&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="50%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 0px; TEXT-INDENT:
0px">OPKO Health Inc.</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD ALIGN="LEFT" WIDTH="50%" COLSPAN="3"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 0px;
TEXT-INDENT: 0px">Trina Solar Ltd.</DIV></FONT></DIV></TD>
</TR>
<TR><TD>&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="50%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 0px; TEXT-INDENT:
0px">Stillwater Mining Company</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD ALIGN="LEFT" WIDTH="50%" COLSPAN="3"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 0px;
TEXT-INDENT: 0px">Ultrapetrol</DIV></FONT></DIV></TD>
</TR>
<TR><TD>&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="50%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 0px; TEXT-INDENT:
0px">Volcano Corp.</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD ALIGN="LEFT" WIDTH="50%" COLSPAN="3"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 0px;
TEXT-INDENT: 0px">Vertex Pharmaceuticals Inc.</DIV></FONT></DIV></TD>
</TR>
<TR><TD>&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="50%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 0px; TEXT-INDENT:
0px">WellPoint, Inc.</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD ALIGN="LEFT" WIDTH="50%" COLSPAN="3"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 0px;
TEXT-INDENT: 0px">WellPoint, Inc.</DIV></FONT></DIV></TD>
</TABLE>
&nbsp;<BR>
<!-- agabop mode="ep" last-style="textf" -->
<P ALIGN="CENTER"><DIV ALIGN="CENTER"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><B><I>-&nbsp;4&nbsp;-<BR></I></B></FONT></DIV></P>
<HR NOSHADE SIZE="5">
<!-- END DIVISION: DIV_report PAGE POSITION: 6 -->
<PAGE>
<BR>
<!-- BEGIN DIVISION: DIV_report PAGE POSITION: 7 -->
<!-- agabop mode="main" last-style="textf" -->
<TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0 WIDTH="100%">
 <TR STYLE="FONT-SIZE:1PX">
 <TD WIDTH="100%" VALIGN=TOP>
 <P>&nbsp;</P>
 </TD>
 </TR>
 <TR>
 <TD VALIGN=TOP>
 <P><FONT SIZE=1>E L L S W O R T H&nbsp;&nbsp;&nbsp;F U N D&nbsp;&nbsp;
 L T D .&nbsp;&nbsp;2 0 1 3&nbsp;&nbsp; S E M I - A N N U A L&nbsp;&nbsp; R E P O R T &nbsp;&nbsp;T O &nbsp;&nbsp;S H A R E H O L D E R S</FONT></P>
 </TD>
 </TR>
 <TR>
 <TD VALIGN=TOP BGCOLOR="#e6e6e6">
 <P><FONT SIZE=1>&nbsp;</FONT></P>
 </TD>
 </TR>
 <TR>
 <TD VALIGN=TOP><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="6">Portfolio of Investments</FONT>&nbsp; <FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="4">March 31, 2013
<I>(unaudited)</I></FONT></P>
 </TD>
 </TR>
</TABLE>
<TABLE ALIGN="" CELLPADDING="0" CELLSPACING="0" BORDER="0" WIDTH="100%">
<TR VALIGN="BOTTOM">
     <TD WIDTH="100%" nowrap ALIGN="CENTER"></TD>
     <TD><FONT STYLE="font: xx-small TIMES NEW ROMAN, TIMES, SERIF"><B>&nbsp;</B></FONT></TD>
     <TD><FONT STYLE="font: xx-small TIMES NEW ROMAN, TIMES, SERIF"><B>&nbsp;</B></FONT></TD>
     <TD><FONT STYLE="font: xx-small TIMES NEW ROMAN, TIMES, SERIF"><B>&nbsp;&nbsp;&nbsp;</B></FONT></TD>
     <TD COLSPAN="3" nowrap ALIGN="CENTER"><FONT STYLE="font: x-small TIMES NEW ROMAN, TIMES, SERIF"><B>Principal<BR> Amount<HR
     SIZE=1 NOSHADE COLOR="#000000"
ALIGN="CENTER"></B></FONT></TD>
     <TD ALIGN="CENTER"><FONT STYLE="font: xx-small TIMES NEW ROMAN, TIMES, SERIF"><B>&nbsp;&nbsp;&nbsp;</B></FONT></TD>
     <TD COLSPAN="3" nowrap ALIGN="CENTER"><FONT STYLE="font: x-small TIMES NEW ROMAN, TIMES, SERIF"><B>Value<BR> (Note 1)<HR
     SIZE=1 NOSHADE COLOR="#000000"
ALIGN="CENTER"></B></FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px"><B>CONVERTIBLE BONDS AND NOTES&nbsp;&#150;&nbsp;59.9%</B></DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
<TD>&nbsp;&nbsp;&nbsp;</TD>
<TD>&nbsp;&nbsp;&nbsp;</TD>
<TD>&nbsp;&nbsp;&nbsp;</TD>
<TD>&nbsp;&nbsp;&nbsp;</TD>
<TD>&nbsp;&nbsp;&nbsp;</TD>
<TD>&nbsp;&nbsp;&nbsp;</TD>
<TD>&nbsp;&nbsp;&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px"><B>Airlines&nbsp;&#150;&nbsp;1.2%</B></DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">Hawaiian Holdings, Inc., 5.00%, Due 3/15/16, (BB)</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;$</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">1,375,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;$</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">1,476,406</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR><TD>&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px"><B>Biotechnology&nbsp;&#150;&nbsp;5.0%</B></DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">Exelixis, Inc., 4.25%, Due 8/15/19, (BB)</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">500,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">499,375</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">Gilead Sciences, Inc., 1.00%, Due 5/1/14, (A)</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">750,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">1,627,969</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">Gilead Sciences, Inc., 1.625%, Due 5/1/16, (A)</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">1,000,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">2,172,505</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">OPKO Health Inc., 3.00%, Due 2/1/33, (AA) (1)</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">625,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">693,750</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">Regeneron Pharmaceuticals, Inc., 1.875%, Due 10/1/16, (A)</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">250,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">538,906</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">Theravance, Inc., 2.125%, Due 1/15/23, (BBB)</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">500,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">550,312</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">&nbsp;</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">6,082,817</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR><TD>&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px"><B>Capital Markets&nbsp;&#150;&nbsp;1.7%</B></DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">Knight Capital Group, Inc., 3.50%, Due 3/15/15, (NR)</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">500,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">498,750</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">Prospect Capital Corp., 5.75%, Due 3/15/18, (BBB) (1)</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">1,500,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">1,562,812</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">&nbsp;</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">2,061,562</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR><TD>&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px"><B>Commercial Services &amp; Supplies&nbsp;&#150;&nbsp;0.9%</B></DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">Encore Capital Group, Inc., 3.00%, Due 11/27/17, (NR) (1)</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">1,000,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">1,146,250</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR><TD>&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px"><B>Communications Equipment&nbsp;&#150;&nbsp;1.3%</B></DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">Finisar Corp., 5.00%, Due 10/15/29, (NR)</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">75,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">122,109</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">Ixia, 3.00%, Due 12/15/15, (A)</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">250,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">330,625</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">InterDigital, Inc., 2.50%, Due 3/15/16, (BBB)</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">1,000,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">1,121,875</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">&nbsp;</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">1,574,609</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR><TD>&nbsp;</TD></TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px"><B>Computers &amp; Peripherals&nbsp;&#150;&nbsp;2.5%</B></DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">EMC Corp., 1.75%, Due 12/1/13, (A)</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">1,400,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">2,090,382</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">NetApp Inc., 1.75%, Due 6/1/13, (BBB)</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">250,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">273,281</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%" STYLE="padding-bottom: 1pt"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">SanDisk Corp., 1.50%, Due 8/15/17, (BB)</DIV></FONT></DIV></TD>
     <TD WIDTH="3%" STYLE="padding-bottom: 1pt">&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH="3%" STYLE="padding-bottom: 1pt">&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH="3%" STYLE="padding-bottom: 1pt">&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH="5%" ALIGN="RIGHT" NOWRAP STYLE="padding-bottom: 1pt"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">500,000</FONT></TD>
     <TD WIDTH="5%" ALIGN="LEFT" NOWRAP STYLE="padding-bottom: 1pt"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH="3%" STYLE="padding-bottom: 1pt">&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH="5%" ALIGN="RIGHT" NOWRAP STYLE="padding-bottom: 1pt" STYLE="border-bottom: Black 1pt solid"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" STYLE="border-bottom: Black 1pt solid"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">646,875</FONT></TD>
     <TD WIDTH="5%" ALIGN="LEFT" NOWRAP STYLE="padding-bottom: 1pt"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">&nbsp;</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">3,010,538</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR><TD>&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px"><B>Construction Materials&nbsp;&#150;&nbsp;0.8%</B></DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">CEMEX S.A.B. de C.V., 4.875%, Due 3/15/15, (NR)</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">750,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">924,844</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR><TD>&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px"><B>Consumer Finance&nbsp;&#150;&nbsp;1.1%</B></DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">DFC Global Corp., 3.25%, Due 4/15/17, (B) (1)</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">1,250,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">1,307,812</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR><TD>&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px"><B>Diversified Telecommunications Services&nbsp;&#150;&nbsp;0.6%</B></DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">Alaska Communications Systems, Inc., 6.25%, Due 5/1/18, (BB)</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">1,000,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">724,375</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR><TD>&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px"><B>Electrical Equipment&nbsp;&#150;&nbsp;0.8%</B></DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">General Cable Corp., 4.50%, Due 11/15/29, (B) (2)</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">750,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">938,438</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR><TD>&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px"><B>Energy Equipment &amp; Services&nbsp;&#150;&nbsp;1.8%</B></DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">Bristow Group Inc., 3.00%, Due 6/15/38, (BB)</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">1,155,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">1,330,416</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">Hornbeck Offshore Services, Inc., 1.50%, Due 9/1/19, (BB) (1)</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">750,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">876,094</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">&nbsp;</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">2,206,510</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR><TD>&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px"><B>Food Products&nbsp;&#150;&nbsp;0.5%</B></DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">Chiquita Brands International, 4.25%, Due 8/15/16, (B)</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">700,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">642,250</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR><TD>&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px"><B>Health Care Equipment &amp; Supplies&nbsp;&#150;&nbsp;2.0%</B></DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">Chemed Corp., 1.875%, Due 5/15/14, (NR)</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">890,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">981,781</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">Insulet Corp., 3.75%, Due 6/15/16, (A)</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">750,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">889,688</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">Volcano Corp., 1.75%, Due 12/1/17, (A)</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">500,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">495,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">&nbsp;</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">2,366,469</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR><TD>&nbsp;</TD></TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px"><B>Health Care Providers &amp; Services&nbsp;&#150;&nbsp;1.3%</B></DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">Lifepoint Hospitals, Inc., 3.50%, Due 5/15/14, (B)</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">1,000,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">1,095,625</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">Molina Healthcare Inc., 1.125%, Due 1/15/20, (NR) (1)</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">500,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">502,500</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">&nbsp;</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">1,598,125</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR><TD>&nbsp;</TD></TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px"><B>Hotels, Restaurants &amp; Leisure&nbsp;&#150;&nbsp;2.1%</B></DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">International Game Technology, 3.25%, Due 5/1/14, (BBB) (1)</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">500,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">540,312</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">MGM Resorts International, 4.25%, Due 4/15/15, (B)</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">1,000,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">1,088,125</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">Morgans Hotel Group Co., 2.375%, Due 10/15/14, (BB)</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">1,000,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">947,500</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">&nbsp;</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">2,575,937</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TABLE>
&nbsp;<BR>
<!-- agabop mode="ep" last-style="textf" -->
<P ALIGN="CENTER"><DIV ALIGN="CENTER"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><B><I>-&nbsp;5&nbsp;-<BR></I></B></FONT></DIV></P>
<HR NOSHADE SIZE="5">
<!-- END DIVISION: DIV_report PAGE POSITION: 7 -->
<PAGE>
<BR>
<!-- BEGIN DIVISION: DIV_report PAGE POSITION: 8 -->
<!-- agabop mode="main" last-style="textf" -->
<TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0 WIDTH="100%">
 <TR STYLE="FONT-SIZE:1PX">
 <TD WIDTH="100%" VALIGN=TOP>
 <P>&nbsp;</P>
 </TD>
 </TR>
 <TR>
 <TD VALIGN=TOP>
 <P><FONT SIZE=1>E L L S W O R T H&nbsp;&nbsp;&nbsp;F U N D&nbsp;&nbsp;
 L T D .&nbsp;&nbsp;2 0 1 3&nbsp;&nbsp; S E M I - A N N U A L&nbsp;&nbsp; R E P O R T &nbsp;&nbsp;T O &nbsp;&nbsp;S H A R E H O L D E R S</FONT></P>
 </TD>
 </TR>
 <TR>
 <TD VALIGN=TOP BGCOLOR="#e6e6e6">
 <P><FONT SIZE=1>&nbsp;</FONT></P>
 </TD>
 </TR>
 <TR>
 <TD VALIGN=TOP><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="6">Portfolio of Investments</FONT>&nbsp; <FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="4">March 31, 2013
<I>(continued)</I></FONT></P>
 </TD>
 </TR>
</TABLE>

<TABLE ALIGN="" CELLPADDING="0" CELLSPACING="0" BORDER="0" WIDTH="100%">
<TR VALIGN="BOTTOM">
     <TD WIDTH="100%" nowrap ALIGN="CENTER"></TD>
     <TD><FONT STYLE="font: xx-small TIMES NEW ROMAN, TIMES, SERIF"><B>&nbsp;</B></FONT></TD>
     <TD><FONT STYLE="font: xx-small TIMES NEW ROMAN, TIMES, SERIF"><B>&nbsp;</B></FONT></TD>
     <TD><FONT STYLE="font: xx-small TIMES NEW ROMAN, TIMES, SERIF"><B>&nbsp;&nbsp;&nbsp;</B></FONT></TD>
     <TD COLSPAN="3" nowrap ALIGN="CENTER"><FONT STYLE="font: x-small TIMES NEW ROMAN, TIMES, SERIF"><B>Principal<BR> Amount<HR
     SIZE=1 NOSHADE COLOR="#000000"
ALIGN="CENTER"></B></FONT></TD>
     <TD ALIGN="CENTER"><FONT STYLE="font: xx-small TIMES NEW ROMAN, TIMES, SERIF"><B>&nbsp;&nbsp;&nbsp;</B></FONT></TD>
     <TD COLSPAN="3" nowrap ALIGN="CENTER"><FONT STYLE="font: x-small TIMES NEW ROMAN, TIMES, SERIF"><B>Value<BR> (Note 1)<HR
     SIZE=1 NOSHADE COLOR="#000000"
ALIGN="CENTER"></B></FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px"><B>CONVERTIBLE BONDS AND NOTES&nbsp;&#150;&nbsp;CONTINUED</B></DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
</TR>
<TR><TD>&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px"><B>Household Durables&nbsp;&#150;&nbsp;1.2%</B></DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">Jarden Corp., 1.875%, Due 9/15/18, (B) (1)</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;$</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">1,250,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;$</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">1,430,469</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR><TD>&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px"><B>Insurance&nbsp;&#150;&nbsp;3.3%</B></DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">AmTrust Financial Services, Inc., 5.50%, Due 12/15/21, (AAA)</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">1,250,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">1,775,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">National Financial Partners Corp., 4.00%, Due 6/15/17, (AAA)</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">500,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">926,562</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">Tower Group, Inc., 5.00%, Due 9/15/14, (A)</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">1,250,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">1,319,531</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">&nbsp;</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">4,021,093</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR><TD>&nbsp;</TD></TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px"><B>Internet &amp; Catalog Retail&nbsp;&#150;&nbsp;1.3%</B></DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">Priceline.com Inc., 1.25%, Due 3/15/15, (BBB)</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">450,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">1,025,156</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">Priceline.com Inc., 1.00%, Due 3/15/18, (BBB)</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">500,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">554,050</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">&nbsp;</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">1,579,206</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR><TD>&nbsp;</TD></TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px"><B>Internet Software &amp; Services&nbsp;&#150;&nbsp;2.1%</B></DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">Digital River, Inc., 2.00%, Due 11/1/30, (BBB)</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">1,100,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">1,082,125</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">Equinix, Inc., 3.00%, Due 10/15/14, (B)</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">750,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">1,509,375</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">&nbsp;</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">2,591,500</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR><TD>&nbsp;</TD></TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px"><B>IT Services&nbsp;&#150;&nbsp;0.6%</B></DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">CSG Systems International, Inc., 3.00%, Due 3/1/17, (A)</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">650,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">731,250</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR><TD>&nbsp;</TD></TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px"><B>Machinery&nbsp;&#150;&nbsp;0.8%</B></DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">Chart Industries, Inc., 2.00%, Due 8/1/18, (B)</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">750,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">1,019,062</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR><TD>&nbsp;</TD></TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px"><B>Metals &amp; Mining&nbsp;&#150;&nbsp;3.6%</B></DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">A.M. Castle &amp; Co., 7.00%, Due 12/15/17, (BBB)</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">250,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">466,250</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">Kaiser Aluminum Corp., 4.50%, Due 4/1/15, (BB)</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">1,000,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">1,401,870</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">Northgate Minerals Corp., 3.50%, Due 10/1/16, (NR)<BR> (convertible into AuRico Gold Inc. common stock)</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">600,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">620,625</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">RTI International Metals, Inc., 3.00%, Due 12/1/15, (BBB)</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">600,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">697,125</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">Stillwater Mining Company, 1.75%, Due 10/15/32, (B)</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">500,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">598,750</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">United States Steel Corp., 4.00%, Due 5/15/14, (BB)</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">500,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">522,812</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">&nbsp;</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">4,307,432</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR><TD>&nbsp;</TD></TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px"><B>Oil, Gas &amp; Consumable Fuels&nbsp;&#150;&nbsp;1.2%</B></DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">Goodrich Petroleum Corp., 5.00%, Due 10/1/29, (CCC)</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">1,000,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">999,375</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">Ship Finance International Ltd., 3.25%, Due 2/1/18, (B)</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">500,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">515,312</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">&nbsp;</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">1,514,687</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR><TD>&nbsp;</TD></TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px"><B>Pharmaceuticals&nbsp;&#150;&nbsp;2.0%</B></DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">Mylan Inc., 3.75%, Due 9/15/15, (BBB)</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">750,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">1,665,469</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">Salix Pharmaceuticals Ltd., 2.75%, Due 5/15/15, (A)</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">600,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">777,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">&nbsp;</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">2,442,469</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR><TD>&nbsp;</TD></TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px"><B>Real Estate Investment Trusts&nbsp;&#150;&nbsp;3.1%</B></DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">Annaly Capital Management, Inc., 4.00%, Due 2/15/15, (BB)</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">750,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">937,972</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">Corporate Office Properties, L.P., 4.25%, Due 4/15/30, (NR)<BR> (exchangeable for Corporate Office Properties Trust common
stock)</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">500,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">521,875</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">IAS Operating Partnership LP, 5.00%, Due 3/15/18, (NR) (1)<BR> (exchangeable for Invesco Mortgage Capital Inc. common
stock)</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">1,000,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">1,004,375</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">Lexington Realty Trust, 6.00%, Due 1/15/30, (AAA)</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">750,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">1,309,219</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">&nbsp;</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">3,773,441</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR><TD>&nbsp;</TD></TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px"><B>Semiconductors &amp; Semiconductor Equipment&nbsp;&#150;&nbsp;7.4%</B></DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">GT Advanced Technologies, Inc., 3.00%, Due 10/1/17, (B)</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">750,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">577,031</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">Intel Corp., 2.95%, Due 12/15/35, (A) (2)</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">1,500,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">1,595,625</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">JinkoSolar Holding Co. Ltd., 4.00%, Due 5/15/16, (NR)</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">250,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">156,250</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">Micron Technology, Inc., 3.125%, Due 5/1/32, (BB)</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">750,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">939,375</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">Micron Technology, Inc., 1.50%, Due 8/1/31, (BB)</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">625,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">728,125</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">Micron Technology, Inc., 1.625%, Due 2/15/33, (BB) (1)</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">50,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">57,500</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">Photronics, Inc., 3.25%, Due 4/1/16, (BBB)</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">1,000,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">1,056,875</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">ReneSola Ltd., 4.125%, Due 3/15/18, (NR)</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">500,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">260,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">Rudolph Technologies Inc., 3.75%, Due 7/15/16, (A)</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">500,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">587,500</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">SunPower Corp., 4.75%, Due 4/15/14, (BB)</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">500,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">502,500</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">SunPower Corp., 4.50%, Due 3/15/15, (BB)</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">1,250,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">1,258,594</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">Xilinx, Inc., 2.625%, Due 6/15/17, (BBB)</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">866,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">1,232,426</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">&nbsp;</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">8,951,801</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TABLE>
&nbsp;<BR>
<!-- agabop mode="ep" last-style="h2" -->
<P ALIGN="CENTER"><DIV ALIGN="CENTER"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><B><I>-&nbsp;6&nbsp;-<BR></I></B></FONT></DIV></P>
<HR NOSHADE SIZE="5">
<!-- END DIVISION: DIV_report PAGE POSITION: 8 -->
<PAGE>
<BR>
<!-- BEGIN DIVISION: DIV_report PAGE POSITION: 9 -->
<!-- agabop mode="main" last-style="h2" -->
<TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0 WIDTH="100%">
 <TR STYLE="FONT-SIZE:1PX">
 <TD WIDTH="100%" VALIGN=TOP>
 <P>&nbsp;</P>
 </TD>
 </TR>
 <TR>
 <TD VALIGN=TOP>
 <P><FONT SIZE=1>E L L S W O R T H&nbsp;&nbsp;&nbsp;F U N D&nbsp;&nbsp;
 L T D .&nbsp;&nbsp;2 0 1 3&nbsp;&nbsp; S E M I - A N N U A L&nbsp;&nbsp; R E P O R T &nbsp;&nbsp;T O &nbsp;&nbsp;S H A R E H O L D E R S</FONT></P>
 </TD>
 </TR>
 <TR>
 <TD VALIGN=TOP BGCOLOR="#e6e6e6">
 <P><FONT SIZE=1>&nbsp;</FONT></P>
 </TD>
 </TR>
 <TR>
 <TD VALIGN=TOP><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="6">Portfolio of Investments</FONT>&nbsp; <FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="4">March 31, 2013
<I>(continued)</I></FONT></P>
 </TD>
 </TR>
</TABLE>

<TABLE ALIGN="" CELLPADDING="0" CELLSPACING="0" BORDER="0" WIDTH="100%">
<TR VALIGN="BOTTOM">
     <TD WIDTH="100%" nowrap ALIGN="CENTER"></TD>
     <TD><FONT STYLE="font: xx-small TIMES NEW ROMAN, TIMES, SERIF"><B>&nbsp;</B></FONT></TD>
     <TD><FONT STYLE="font: xx-small TIMES NEW ROMAN, TIMES, SERIF"><B>&nbsp;</B></FONT></TD>
     <TD><FONT STYLE="font: xx-small TIMES NEW ROMAN, TIMES, SERIF"><B>&nbsp;&nbsp;&nbsp;</B></FONT></TD>
     <TD COLSPAN="3" nowrap ALIGN="CENTER"><FONT STYLE="font: x-small TIMES NEW ROMAN, TIMES, SERIF"><B>Principal<BR> Amount<HR
     SIZE=1 NOSHADE COLOR="#000000"
ALIGN="CENTER"></B></FONT></TD>
     <TD ALIGN="CENTER"><FONT STYLE="font: xx-small TIMES NEW ROMAN, TIMES, SERIF"><B>&nbsp;&nbsp;&nbsp;</B></FONT></TD>
     <TD COLSPAN="3" nowrap ALIGN="CENTER"><FONT STYLE="font: x-small TIMES NEW ROMAN, TIMES, SERIF"><B>Value<BR> (Note 1)<HR
     SIZE=1 NOSHADE COLOR="#000000"
ALIGN="CENTER"></B></FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px"><B>CONVERTIBLE BONDS AND NOTES&nbsp;&#150;&nbsp;CONTINUED</B></DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">&nbsp;</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px"><B>Software&nbsp;&#150;&nbsp;5.5%</B></DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">Bottomline Technologies, Inc., 1.50%, Due 12/1/17, (A)</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;$</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"> 750,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;$</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">877,500</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">Electronic Arts, 0.75%, Due 7/15/16, (BBB)</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">500,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">486,875</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">Mentor Graphics Corp., 4.00%, Due 4/1/31, (A)</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">500,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">589,688</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">Nuance Communications, Inc., 2.75%, Due 8/15/27, (BB)</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">1,500,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">1,829,062</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">Rovi Corp., 2.625%, Due 2/15/40, (BB)</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">1,000,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">1,021,875</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">Take-Two Interactive Software, Inc., 1.75%, Due 12/1/16, (BBB)</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">750,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">864,844</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">TeleCommunications Systems, Inc., 4.50%, Due 11/1/14, (BB)</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">1,000,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">970,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">&nbsp;</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">6,639,844</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR><TD>&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px"><B>Textiles, Apparel &amp; Luxury Goods&nbsp;&#150;&nbsp;1.6%</B></DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">Iconix Brand Group, Inc., 2.50%, Due 6/1/16, (A)</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">1,000,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">1,115,625</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">Iconix Brand Group, Inc., 1.50%, Due 3/15/18, (A) (1)</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">750,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">811,875</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">&nbsp;</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">1,927,500</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR><TD>&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px"><B>Trading Companies &amp; Distributors&nbsp;&#150;&nbsp;1.3%</B></DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">Kaman Corp., 3.25%, Due 11/15/17, (A)</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">500,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">617,188</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">Titan Machinery Inc., 3.75%, Due 5/1/19, (BB) (1)</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">1,000,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">1,010,625</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">&nbsp;</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">1,627,813</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR><TD>&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px"><B>Wireless Telecommunications&nbsp;&#150;&nbsp;1.2%</B></DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">SBA Communications Corp., 4.00%, Due 10/1/14, (AA)</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">600,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">1,433,625</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR><TD>&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px"><B>TOTAL CONVERTIBLE BONDS AND NOTES</B></DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">72,628,134</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR><TD>&nbsp;</TD></TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px"><B>CONVERTIBLE PREFERRED STOCKS&nbsp;&#150;&nbsp;11.9%</B></DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
</TR>
<TR><TD>&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px"><B>Commercial Banks&nbsp;&#150;&nbsp;4.6%</B></DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD ALIGN="CENTER" COLSPAN="3" style='border-bottom: solid windowtext 1pt'><DIV ALIGN="CENTER"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2"><DIV STYLE="MARGIN-LEFT: 0px; TEXT-INDENT: 0px"><B>Shares<BR></B></DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">Fifth Third Bancorp, 8.50%, (BB)</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">12,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">1,720,200</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">Huntington Bancshares, Inc., 8.50%, (BBB)</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">1,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">1,275,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">Wells Fargo &amp; Co., 7.50%, (BBB)</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">2,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">2,577,500</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">&nbsp;</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">5,572,700</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR><TD>&nbsp;</TD></TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px"><B>Diversified Financial Services&nbsp;&#150;&nbsp;1.6%</B></DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">Bank of America Corp., 7.25%, (BB)</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">1,600</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">1,949,056</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR><TD>&nbsp;</TD></TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px"><B>Food Products&nbsp;&#150;&nbsp;1.1%</B></DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">Post Holdings, Inc., 3.75%, (B) (1)</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">5,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">542,500</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">Bunge Ltd., 4.875%, (BB)</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">7,500</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">798,750</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">&nbsp;</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">1,341,250</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR><TD>&nbsp;</TD></TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px"><B>Machinery&nbsp;&#150;&nbsp;1.0%</B></DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">Stanley Black &amp; Decker, Inc., 4.75%, (BBB)</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">10,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">1,265,900</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR><TD>&nbsp;</TD></TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px"><B>Oil, Gas &amp; Consumable Fuels&nbsp;&#150;&nbsp;1.3%</B></DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">Chesapeake Energy Corp., 5.75%, (B)</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">1,550</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">1,588,750</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR><TD>&nbsp;</TD></TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px"><B>Real Estate Investment Trusts&nbsp;&#150;&nbsp;0.5%</B></DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">Health Care REIT, Inc., 5.50%, (BB)</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">10,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">621,100</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR><TD>&nbsp;</TD></TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px"><B>Specialty Retail&nbsp;&#150;&nbsp;0.8%</B></DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">Amerivon Holdings LLC, 4.00%, (NR) (1,3,4)</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">610,778</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">886,850</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">Amerivon Holdings LLC, common equity units, (NR) (1,3,4)</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">272,728</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">32,727</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">&nbsp;</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">919,577</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR><TD>&nbsp;</TD></TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px"><B>Thrift &amp; Mortgage Finance&nbsp;&#150;&nbsp;1.0%</B></DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">New York Community Capital Trust V, 6.00%, (BB)</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">24,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">1,179,600</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR><TD>&nbsp;</TD></TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px"><B>TOTAL CONVERTIBLE PREFERRED STOCKS</B></DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">14,437,933</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR><TD>&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px"><B>MANDATORY CONVERTIBLE SECURITIES&nbsp;&#150;&nbsp;9.9% (5)</B></DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
<TD>&nbsp;&nbsp;&nbsp;</TD>
<TD>&nbsp;&nbsp;&nbsp;</TD>
<TD>&nbsp;&nbsp;&nbsp;</TD></TR>
<TR><TD>&nbsp;</TD></TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px"><B>Aerospace &amp; Defense&nbsp;&#150;&nbsp;2.0%</B></DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">United Technologies Corp., 7.50%, Due 8/1/22, (BBB)</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">40,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">2,394,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TABLE>
&nbsp;<BR>
<!-- agabop mode="ep" last-style="h2" -->
<P ALIGN="CENTER"><DIV ALIGN="CENTER"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><B><I>-&nbsp;7&nbsp;-<BR></I></B></FONT></DIV></P>
<HR NOSHADE SIZE="5">
<!-- END DIVISION: DIV_report PAGE POSITION: 9 -->
<PAGE>
<BR>
<!-- BEGIN DIVISION: DIV_report PAGE POSITION: 10 -->
<!-- agabop mode="main" last-style="h2" -->
<TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0 WIDTH="100%">
 <TR STYLE="FONT-SIZE:1PX">
 <TD WIDTH="100%" VALIGN=TOP>
 <P>&nbsp;</P>
 </TD>
 </TR>
 <TR>
 <TD VALIGN=TOP>
 <P><FONT SIZE=1>E L L S W O R T H&nbsp;&nbsp;&nbsp;F U N D&nbsp;&nbsp;
 L T D .&nbsp;&nbsp;2 0 1 3&nbsp;&nbsp; S E M I - A N N U A L&nbsp;&nbsp; R E P O R T &nbsp;&nbsp;T O &nbsp;&nbsp;S H A R E H O L D E R S</FONT></P>
 </TD>
 </TR>
 <TR>
 <TD VALIGN=TOP BGCOLOR="#e6e6e6">
 <P><FONT SIZE=1>&nbsp;</FONT></P>
 </TD>
 </TR>
 <TR>
 <TD VALIGN=TOP><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="6">Portfolio of Investments</FONT>&nbsp; <FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="4">March 31, 2013
<I>(continued)</I></FONT></P>
 </TD>
 </TR>
</TABLE>

<TABLE ALIGN="" CELLPADDING="0" CELLSPACING="0" BORDER="0" WIDTH="100%">
<TR VALIGN="BOTTOM">
     <TD WIDTH="100%" nowrap ALIGN="CENTER"></TD>
     <TD><FONT STYLE="font: xx-small TIMES NEW ROMAN, TIMES, SERIF"><B>&nbsp;</B></FONT></TD>
     <TD><FONT STYLE="font: xx-small TIMES NEW ROMAN, TIMES, SERIF"><B>&nbsp;</B></FONT></TD>
     <TD><FONT STYLE="font: xx-small TIMES NEW ROMAN, TIMES, SERIF"><B>&nbsp;&nbsp;&nbsp;</B></FONT></TD>
     <TD COLSPAN="3" nowrap ALIGN="CENTER"><FONT STYLE="font: x-small TIMES NEW ROMAN, TIMES, SERIF"><B>Shares<HR SIZE=1 NOSHADE
     COLOR="#000000"
ALIGN="CENTER"></B></FONT></TD>
     <TD ALIGN="CENTER"><FONT STYLE="font: xx-small TIMES NEW ROMAN, TIMES, SERIF"><B>&nbsp;&nbsp;&nbsp;</B></FONT></TD>
     <TD COLSPAN="3" nowrap ALIGN="CENTER"><FONT STYLE="font: x-small TIMES NEW ROMAN, TIMES, SERIF"><B>Value<BR> (Note 1)<HR
     SIZE=1 NOSHADE COLOR="#000000"
ALIGN="CENTER"></B></FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px"><B>MANDATORY CONVERTIBLE SECURITIES&nbsp;&#150;&nbsp;CONTINUED</B></DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
</TR>
<TR><TD>&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px"><B>Automobiles&nbsp;&#150;&nbsp;1.4%</B></DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">General Motors Co., 4.75%, Due 12/1/13, (NR)</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">40,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;$</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">1,717,600</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR><TD>&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px"><B>Electric Utilities&nbsp;&#150;&nbsp;2.4%</B></DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">NextEra Energy, Inc., 5.599%, Due 6/1/17, (NR)</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">7,500</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">411,075</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">NextEra Energy, Inc., 5.889%, Due 9/1/18, (BBB)</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">20,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">1,093,200</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">PPL Corp., 8.75%, Due 5/1/19, (NR)</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">25,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">1,393,750</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">&nbsp;</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">2,898,025</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR><TD>&nbsp;</TD></TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px"><B>Insurance&nbsp;&#150;&nbsp;1.0%</B></DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">MetLife, Inc., 5.00%, Due 10/8/14, (BBB)</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">25,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">1,235,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR><TD>&nbsp;</TD></TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px"><B>IT Services&nbsp;&#150;&nbsp;0.5%</B></DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">Unisys Corp., 6.25%, Due 3/1/14, (B)</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">10,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">652,100</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR><TD>&nbsp;</TD></TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px"><B>Oil, Gas &amp; Consumable Fuels&nbsp;&#150;&nbsp;1.1%</B></DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">Apache Corp., 6.00%, Due 8/1/13, (A)</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">30,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">1,336,200</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR><TD>&nbsp;</TD></TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px"><B>Road &amp; Rail&nbsp;&#150;&nbsp;1.4%</B></DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">Genesee &amp; Wyoming, Inc., 5.00%, Due 10/1/15, (NR)</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">10,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">1,290,400</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 10px; TEXT-INDENT:
-10px">2010 Swift Mandatory Common Exchange Security Trust, 6.00%,<BR> Due 12/31/13, (NR)</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">30,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">383,907</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">&nbsp;</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">1,674,307</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR><TD>&nbsp;</TD></TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px"><B>TOTAL MANDATORY CONVERTIBLE SECURITIES (5)</B></DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">11,907,232</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR><TD>&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px"><B>COMMON STOCKS&nbsp;&#150;&nbsp;14.5%</B></DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
</TR>
<TR><TD>&nbsp;</TD></TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px"><B>Diversified Financial Services&nbsp;&#150;&nbsp;0.7%</B></DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">Citigroup Inc.</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">19,546</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">864,715</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR><TD>&nbsp;</TD></TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px"><B>Diversified Telecommunications Services&nbsp;&#150;&nbsp;4.6%</B></DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">AT&amp;T Inc.</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">70,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">2,568,300</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">Verizon Communications Inc.</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">60,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">2,949,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">&nbsp;</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">5,517,300</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR><TD>&nbsp;</TD></TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px"><B>Media&nbsp;&#150;&nbsp;0.7%</B></DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">Walt Disney Co.</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">15,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">852,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR><TD>&nbsp;</TD></TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px"><B>Metals &amp; Mining&nbsp;&#150;&nbsp;0.6%</B></DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">Newmont Mining Corp.</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">18,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">754,020</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR><TD>&nbsp;</TD></TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px"><B>Oil, Gas &amp; Consumable Fuels&nbsp;&#150;&nbsp;1.3%</B></DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">ConocoPhillips</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">26,782</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">1,609,598</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR><TD>&nbsp;</TD></TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px"><B>Pharmaceuticals&nbsp;&#150;&nbsp;4.8%</B></DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">Abbott Laboratories</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">18,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">635,760</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">AbbVie Inc.</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">18,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">734,040</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">Bristol Myers Squibb Co.</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">30,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">1,235,700</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">Eli Lilly &amp; Co.</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">10,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">567,900</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">Merck &amp; Co., Inc.</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">32,651</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">1,444,154</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">Pfizer Inc.</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">40,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">1,154,400</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">&nbsp;</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">5,771,954</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR><TD>&nbsp;</TD></TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px"><B>Semiconductors &amp; Semiconductor Equipment&nbsp;&#150;&nbsp;0.5%</B></DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">Intel Corp.</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">25,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">546,250</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR><TD>&nbsp;</TD></TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px"><B>Software&nbsp;&#150;&nbsp;1.4%</B></DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px">Microsoft Corp.</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">58,600</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">1,676,546</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR><TD>&nbsp;</TD></TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px"><B>TOTAL COMMON STOCKS</B></DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">17,592,383</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TABLE>
&nbsp;<BR>
<!-- agabop mode="ep" last-style="h2" -->
<P ALIGN="CENTER"><DIV ALIGN="CENTER"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><B><I>-&nbsp;8&nbsp;-<BR></I></B></FONT></DIV></P>
<HR NOSHADE SIZE="5">
<!-- END DIVISION: DIV_report PAGE POSITION: 10 -->
<PAGE>
<BR>
<!-- BEGIN DIVISION: DIV_report PAGE POSITION: 11 -->
<!-- agabop mode="main" last-style="h2" -->
<TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0 WIDTH="100%">
 <TR STYLE="FONT-SIZE:1PX">
 <TD WIDTH="100%" VALIGN=TOP>
 <P>&nbsp;</P>
 </TD>
 </TR>
 <TR>
 <TD VALIGN=TOP>
 <P><FONT SIZE=1>E L L S W O R T H&nbsp;&nbsp;&nbsp;F U N D&nbsp;&nbsp;
 L T D .&nbsp;&nbsp;2 0 1 3&nbsp;&nbsp; S E M I - A N N U A L&nbsp;&nbsp; R E P O R T &nbsp;&nbsp;T O &nbsp;&nbsp;S H A R E H O L D E R S</FONT></P>
 </TD>
 </TR>
 <TR>
 <TD VALIGN=TOP BGCOLOR="#e6e6e6">
 <P><FONT SIZE=1>&nbsp;</FONT></P>
 </TD>
 </TR>
 <TR>
 <TD VALIGN=TOP><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="6">Portfolio of Investments</FONT>&nbsp; <FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="4">March 31, 2013
<I>(continued)</I></FONT></P>
 </TD>
 </TR>
</TABLE>

<TABLE ALIGN="" CELLPADDING="0" CELLSPACING="0" BORDER="0" WIDTH="100%">
<TR VALIGN="BOTTOM">
     <TD WIDTH="100%" nowrap ALIGN="CENTER"></TD>
     <TD><FONT STYLE="font: xx-small TIMES NEW ROMAN, TIMES, SERIF"><B>&nbsp;</B></FONT></TD>
     <TD><FONT STYLE="font: xx-small TIMES NEW ROMAN, TIMES, SERIF"><B>&nbsp;</B></FONT></TD>
     <TD><FONT STYLE="font: xx-small TIMES NEW ROMAN, TIMES, SERIF"><B>&nbsp;&nbsp;&nbsp;</B></FONT></TD>
     <TD COLSPAN="3" nowrap ALIGN="CENTER"><FONT STYLE="font: x-small TIMES NEW ROMAN, TIMES, SERIF"><B>Value<BR> (Note 1)<HR
     SIZE=1 NOSHADE COLOR="#000000"
ALIGN="CENTER"></B></FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px"><B>Total Convertible Bonds and Notes&nbsp;&#150;&nbsp;59.9%</B></DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;$</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"> 72,628,134</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px"><B>Total Convertible Preferred Stocks&nbsp;&#150;&nbsp;11.9%</B></DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">14,437,933</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px"><B>Total Mandatory Convertible Securities&nbsp;&#150;&nbsp;9.9%</B></DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">11,907,232</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px"><B>Total Common Stocks&nbsp;&#150;&nbsp;14.5%</B></DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">17,592,383</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px"><B>Total Investments&nbsp;&#150;&nbsp;96.2%</B></DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">116,565,682</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR><TD>&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px"><B>Other Assets and Liabilites, Net&nbsp;&#150;&nbsp;3.8%</B></DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">4,661,246</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 8px; TEXT-INDENT:
-8px"><B>Total Net Assets&nbsp;&#150;&nbsp;100.0%</B></DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: double windowtext 2pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;$</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: double windowtext 2pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">121,226,928</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 2pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TABLE>
&nbsp;<BR>
<TABLE CELLPADDING="0" CELLSPACING="0" BORDER="0" WIDTH="100%">
<TR VALIGN="TOP">
     <TD WIDTH="17px" ALIGN="LEFT" nowrap><DIV ><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">(1)</FONT></DIV></TD>
     <TD WIDTH="3px" ALIGN="LEFT">&nbsp;</TD>
     <TD WIDTH="100%" ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">Security not registered under the Securities Act of 1933, as
amended (the &#147;Securities Act&#148;) (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 March 31, 2013 was $12,406,452, which
represented 10.2% of the Fund&#146;s net assets.</FONT></TD>
</TR>
</TABLE>
<BR>
<TABLE CELLPADDING="0" CELLSPACING="0" BORDER="0" WIDTH="100%">
<TR VALIGN="TOP">
     <TD WIDTH="17px" ALIGN="LEFT" nowrap><DIV ><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">(2)</FONT></DIV></TD>
     <TD WIDTH="3px" ALIGN="LEFT">&nbsp;</TD>
     <TD WIDTH="100%" ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">Contingent payment debt instrument which accrues contingent
interest. See Note 1(e).</FONT></TD>
</TR>
</TABLE>
<BR>
<TABLE CELLPADDING="0" CELLSPACING="0" BORDER="0" WIDTH="100%">
<TR VALIGN="TOP">
     <TD WIDTH="17px" ALIGN="LEFT" nowrap><DIV ><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">(3)</FONT></DIV></TD>
     <TD WIDTH="3px" ALIGN="LEFT">&nbsp;</TD>
     <TD WIDTH="100%" ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">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 $919,577 at March 31,
2013, which represented 0.8% of the Fund&#146;s net assets. See Note 1(c).</FONT></TD>
</TR>
</TABLE>
<BR>
<TABLE CELLPADDING="0" CELLSPACING="0" BORDER="0" WIDTH="100%">
<TR VALIGN="TOP">
     <TD WIDTH="17px" ALIGN="LEFT" nowrap><DIV ><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">(4)</FONT></DIV></TD>
     <TD WIDTH="3px" ALIGN="LEFT">&nbsp;</TD>
     <TD WIDTH="100%" ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">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&#146;s investment objective and investment strategies. In some cases, the issuer of restricted securities has agreed to
register such securities for resale, at the issuer&#146;s expense either upon demand by the Fund or in connection with another registered offering of
the securities. Investments in restricted securities are valued at fair value as determined in good faith in accordance with 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. As of March 31, 2013, the Fund was invested in the following restricted securities:</FONT></TD>
</TR>
</TABLE>
<BR>
<P ALIGN="JUSTIFY"><DIV ALIGN="JUSTIFY"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"></FONT></DIV></P>

<TABLE ALIGN="" CELLPADDING="0" CELLSPACING="0" BORDER="0" WIDTH="100%">
<TR VALIGN="BOTTOM">
     <TD NOWRAP STYLE="width: 30%; text-align: left"><FONT STYLE="font: x-small TIMES NEW ROMAN, TIMES, SERIF"><B>Security<HR SIZE=1 NOSHADE
     COLOR="#000000" ALIGN="LEFT"
></B></FONT></TH>
     <TD NOWRAP><FONT STYLE="font: xx-small TIMES NEW ROMAN, TIMES, SERIF"><B>&nbsp;</B></FONT></TD>
     <TD NOWRAP><FONT STYLE="font: xx-small TIMES NEW ROMAN, TIMES, SERIF"><B>&nbsp;</B></FONT></TD>
     <TD NOWRAP><FONT STYLE="font: xx-small TIMES NEW ROMAN, TIMES, SERIF"><B>&nbsp;&nbsp;&nbsp;</B></FONT></TD>
     <TD COLSPAN="3" NOWRAP STYLE="text-align: center"><FONT STYLE="font: x-small TIMES NEW ROMAN, TIMES, SERIF"><B>Acquisition Date<HR SIZE=1
     NOSHADE COLOR="#000000"
ALIGN="CENTER"></B></FONT></TD>
     <TD NOWRAP STYLE="text-align: center"><FONT STYLE="font: xx-small TIMES NEW ROMAN, TIMES, SERIF"><B>&nbsp;&nbsp;&nbsp;</B></FONT></TD>
     <TD COLSPAN="3" NOWRAP STYLE="text-align: center"><FONT STYLE="font: x-small TIMES NEW ROMAN, TIMES, SERIF"><B>Shares<HR SIZE=1 NOSHADE
     COLOR="#000000"
ALIGN="CENTER"></B></FONT></TD>
     <TD NOWRAP STYLE="text-align: center"><FONT STYLE="font: xx-small TIMES NEW ROMAN, TIMES, SERIF"><B>&nbsp;&nbsp;&nbsp;</B></FONT></TD>
     <TD COLSPAN="3" NOWRAP STYLE="text-align: center"><FONT STYLE="font: x-small TIMES NEW ROMAN, TIMES, SERIF"><B>Cost<HR SIZE=1 NOSHADE
     COLOR="#000000"
ALIGN="CENTER"></B></FONT></TD>
     <TD NOWRAP STYLE="text-align: center"><FONT STYLE="font: xx-small TIMES NEW ROMAN, TIMES, SERIF"><B>&nbsp;&nbsp;&nbsp;</B></FONT></TD>
     <TD COLSPAN="3" NOWRAP STYLE="text-align: center"><FONT STYLE="font: x-small TIMES NEW ROMAN, TIMES, SERIF"><B>Price<BR> per Share<HR
     SIZE=1 NOSHADE COLOR="#000000"
ALIGN="CENTER"></B></FONT></TD>
     <TD NOWRAP STYLE="text-align: center"><FONT STYLE="font: xx-small TIMES NEW ROMAN, TIMES, SERIF"><B>&nbsp;&nbsp;&nbsp;</B></FONT></TD>
     <TD COLSPAN="3" NOWRAP STYLE="text-align: center"><FONT STYLE="font: x-small TIMES NEW ROMAN, TIMES, SERIF"><B>Value<HR SIZE=1 NOSHADE
     COLOR="#000000"
ALIGN="CENTER"></B></FONT></TD>
     <TD NOWRAP STYLE="text-align: center"><FONT STYLE="font: xx-small TIMES NEW ROMAN, TIMES, SERIF"><B>&nbsp;&nbsp;&nbsp;</B></FONT></TD>
     <TD COLSPAN="3" NOWRAP STYLE="text-align: center"><FONT STYLE="font: x-small TIMES NEW ROMAN, TIMES, SERIF"><B>% Net<BR> Assets<HR SIZE=1
     NOSHADE COLOR="#000000"
ALIGN="CENTER"></B></FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD NOWRAP STYLE="text-align: left; width: 30%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 0px; TEXT-INDENT:
0px">Amerivon Holdings LLC<BR> series A cv. pfd.</DIV></FONT></DIV></TD>
     <TD NOWRAP STYLE="width: 3%">&nbsp;&nbsp;&nbsp;</TD>
     <TD NOWRAP STYLE="width: 3%">&nbsp;&nbsp;&nbsp;</TD>
     <TD NOWRAP STYLE="width: 3%">&nbsp;&nbsp;&nbsp;</TD>
     <TD COLSPAN="3" NOWRAP STYLE="text-align: center"><DIV ALIGN="CENTER"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 0px; TEXT-INDENT:
0px">April 1, 2010</DIV></FONT></DIV></TD>
     <TD NOWRAP STYLE="width: 3%">&nbsp;&nbsp;&nbsp;</TD>
     <TD NOWRAP STYLE="width: 5%; text-align: right"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD NOWRAP STYLE="text-align: right"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">610,778</FONT></TD>
     <TD NOWRAP STYLE="width: 5%; text-align: left"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD NOWRAP STYLE="width: 3%">&nbsp;&nbsp;&nbsp;</TD>
     <TD NOWRAP STYLE="width: 5%; text-align: right"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;$</FONT></TD>
     <TD NOWRAP STYLE="text-align: right"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">1,500,000</FONT></TD>
     <TD NOWRAP STYLE="width: 5%; text-align: left"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD NOWRAP STYLE="width: 3%">&nbsp;&nbsp;&nbsp;</TD>
     <TD NOWRAP STYLE="width: 5%; text-align: right"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;$</FONT></TD>
     <TD NOWRAP STYLE="text-align: right"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">1.452</FONT></TD>
     <TD NOWRAP STYLE="width: 5%; text-align: left"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD NOWRAP STYLE="width: 3%">&nbsp;&nbsp;&nbsp;</TD>
     <TD NOWRAP STYLE="width: 5%; text-align: right"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;$</FONT></TD>
     <TD NOWRAP STYLE="text-align: right"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">886,850</FONT></TD>
     <TD NOWRAP STYLE="width: 5%; text-align: left"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD NOWRAP STYLE="width: 3%">&nbsp;&nbsp;&nbsp;</TD>
     <TD NOWRAP STYLE="width: 5%; text-align: right"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD NOWRAP STYLE="text-align: right"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">0.73</FONT></TD>
     <TD NOWRAP STYLE="width: 5%; text-align: left"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">%&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD NOWRAP STYLE="text-align: left; width: 30%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 0px; TEXT-INDENT:
0px">Amerivon Holdings LLC<BR> common equity units</DIV></FONT></DIV></TD>
     <TD NOWRAP STYLE="width: 3%">&nbsp;&nbsp;&nbsp;</TD>
     <TD NOWRAP STYLE="width: 3%">&nbsp;&nbsp;&nbsp;</TD>
     <TD NOWRAP STYLE="width: 3%">&nbsp;&nbsp;&nbsp;</TD>
     <TD COLSPAN="3" NOWRAP STYLE="text-align: center"><DIV ALIGN="CENTER"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 0px; TEXT-INDENT:
0px">April 1, 2010</DIV></FONT></DIV></TD>
     <TD NOWRAP STYLE="width: 3%">&nbsp;&nbsp;&nbsp;</TD>
     <TD NOWRAP STYLE="width: 5%; text-align: right"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD NOWRAP STYLE="text-align: right"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">272,728</FONT></TD>
     <TD NOWRAP STYLE="width: 5%; text-align: left"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD NOWRAP STYLE="width: 3%">&nbsp;&nbsp;&nbsp;</TD>
     <TD NOWRAP STYLE="width: 5%; text-align: right"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD NOWRAP STYLE="text-align: right"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">0</FONT></TD>
     <TD NOWRAP STYLE="width: 5%; text-align: left"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD NOWRAP STYLE="width: 3%">&nbsp;&nbsp;&nbsp;</TD>
     <TD NOWRAP STYLE="width: 5%; text-align: right"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD NOWRAP STYLE="text-align: right"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">0.010</FONT></TD>
     <TD NOWRAP STYLE="width: 5%; text-align: left"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD NOWRAP STYLE="width: 3%">&nbsp;&nbsp;&nbsp;</TD>
     <TD NOWRAP STYLE="width: 5%; text-align: right"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD NOWRAP STYLE="text-align: right"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">32,727</FONT></TD>
     <TD NOWRAP STYLE="width: 5%; text-align: left"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD NOWRAP STYLE="width: 3%">&nbsp;&nbsp;&nbsp;</TD>
     <TD NOWRAP STYLE="width: 5%; text-align: right"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD NOWRAP STYLE="text-align: right"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">0.03</FONT></TD>
     <TD NOWRAP STYLE="width: 5%; text-align: left"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">%&nbsp;&nbsp;</FONT></TD>
</TABLE>

&nbsp;<BR>
<TABLE CELLPADDING="0" CELLSPACING="0" BORDER="0" WIDTH="100%">
<TR VALIGN="TOP">
     <TD WIDTH="17px" ALIGN="LEFT" nowrap><DIV ><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">(5)</FONT></DIV></TD>
     <TD WIDTH="3px" ALIGN="LEFT">&nbsp;</TD>
     <TD WIDTH="100%" ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">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. See Note 1(h).</FONT></TD>
</TR>
</TABLE>
<BR>



<TABLE style="font-size:10pt" cellspacing=0 width=90%>
<TR height=0 style="font-size:0"><TD STYLE="width: 60%"></TD><TD NOWRAP STYLE="width: 84px"></TD><TD NOWRAP STYLE="width: 10%"></TD></TR>
<TR><TD NOWRAP STYLE="border-right: #000000 1px solid; vertical-align: top; width: 60%"><P style="line-height:11pt; margin:0px; font-size:10pt" align=justify><B>Portfolio &nbsp;Ratings:</B></P>
</TD><TD COLSPAN="2" NOWRAP STYLE="vertical-align: top; width: 192px"><P style="line-height:11pt; margin:0px; padding-left:9.6px; font-size:10pt"><B>Summary of Portfolio Ratings</B> *</P>
</TD></TR>
<TR><TD STYLE="border-right: #000000 1px solid; vertical-align: top; width: 60%"><P>&nbsp;</P></TD><TD NOWRAP STYLE="vertical-align: top; width: 84px"><P>&nbsp;</P></TD><TD NOWRAP STYLE="vertical-align: top; width: 10%"><P style="line-height:11pt; margin:0px; font-size:10pt" align=center><B>% of</B></P>
</TD></TR>
<TR><TD ROWSPAN="2" STYLE="border-right: #000000 1px solid; vertical-align: top; width: 60%"><P style="line-height:11pt; margin:0px; padding-right:19.2px; text-indent:15.333px; font-size:10pt" align=justify>Where a security is rated by Standard &amp; Poor&#146;s (S&amp;P), such rating appears in parentheses next to such security (but without any applicable + or - that might apply).</P>
</TD><TD NOWRAP STYLE="vertical-align: top; width: 84px"><P>&nbsp;</P></TD><TD NOWRAP STYLE="border-bottom: #000000 1px solid; vertical-align: top; width: 10%"><P style="line-height:11pt; margin:0px; font-size:10pt" align=center><B>Portfolio</B></P>
</TD></TR>
<TR><TD NOWRAP STYLE="vertical-align: top; width: 84px"><P style="line-height:11pt; margin:0px; padding-left:9.6px; font-size:10pt">AAA</P>
</TD><TD NOWRAP STYLE="vertical-align: top; width: 10%"><P style="line-height:11pt; margin:0px; font-size:10pt" align=center>&nbsp;&nbsp;4</P>
</TD></TR>
<TR><TD ROWSPAN="3" STYLE="border-right: #000000 1px solid; vertical-align: top; width: 60%"><P style="line-height:11pt; margin:0px; padding-right:19.2px; text-indent:15.333px; font-size:10pt" align=justify>Where a security is rated by S&amp;P and at least one other rating agency and the Fund believes the ratings to be functionally equivalent to one another, the S&amp;P rating appears in parentheses next to such security (but without any applicable + or - that might apply).</P>
</TD><TD NOWRAP STYLE="vertical-align: top; width: 84px"><P style="line-height:11pt; margin:0px; padding-left:9.6px; font-size:10pt">AA</P>
</TD><TD NOWRAP STYLE="vertical-align: top; width: 10%"><P style="line-height:11pt; margin:0px; font-size:10pt" align=center>&nbsp;&nbsp;3</P>
</TD></TR>
<TR><TD NOWRAP STYLE="vertical-align: top; width: 84px"><P style="line-height:11pt; margin:0px; padding-left:9.6px; font-size:10pt">A</P>
</TD><TD NOWRAP STYLE="vertical-align: top; width: 10%"><P style="line-height:11pt; margin:0px; font-size:10pt" align=center>20</P>
</TD></TR>
<TR><TD NOWRAP STYLE="vertical-align: top; width: 84px"><P style="line-height:11pt; margin:0px; padding-left:9.6px; font-size:10pt">BBB</P>
</TD><TD NOWRAP STYLE="vertical-align: top; width: 10%"><P style="line-height:11pt; margin:0px; font-size:10pt" align=center>23</P>
</TD></TR>

<TR><TD ROWSPAN="3" STYLE="border-right: #000000 1px solid; vertical-align: top; width: 60%"><P style="line-height:11pt; margin:0px; padding-right:19.2px; text-indent:15.333px; font-size:10pt" align=justify>Where a security is rated by S&amp;P and at least one other rating agency and the Fund believes the ratings not to be functionally equivalent to one another, the Fund puts in parentheses next to such security the S&amp;P rating which it believes approximates the average of all such ratings (but without any applicable + or - that might apply).</P>
</TD><TD NOWRAP STYLE="vertical-align: top; width: 84px"><P style="line-height:11pt; margin:0px; padding-left:9.6px; font-size:10pt">BB</P>
</TD><TD NOWRAP STYLE="vertical-align: top; width: 10%"><P style="line-height:11pt; margin:0px; font-size:10pt" align=center>24</P>
</TD></TR>
<TR><TD NOWRAP STYLE="vertical-align: top; width: 84px"><P style="line-height:11pt; margin:0px; padding-left:9.6px; font-size:10pt">B</P>
</TD><TD NOWRAP STYLE="vertical-align: top; width: 10%"><P style="line-height:11pt; margin:0px; font-size:10pt" align=center>14</P>
</TD></TR>
<TR><TD NOWRAP STYLE="vertical-align: top; width: 84px"><P style="line-height:11pt; margin:0px; padding-left:9.6px; font-size:10pt">CCC &amp; below</P>
</TD><TD NOWRAP STYLE="vertical-align: top; width: 10%"><P style="line-height:11pt; margin:0px; font-size:10pt" align=center>&nbsp;&nbsp;1</P>
</TD></TR>

<TR><TD ROWSPAN=2 STYLE="border-right: #000000 1px solid; vertical-align: top; width: 60%"><P style="line-height:11pt; margin:0px; padding-right:19.2px; text-indent:15.333px; font-size:10pt" align=justify>Where a security is not rated by S&amp;P, but is rated by at least one other rating agency, the Fund puts in parentheses next to such security the S&amp;P rating which it believes approximates the average of all such ratings (but without any applicable + or - that might apply). NR is used whenever a rating is unavailable.</P>
</TD><TD NOWRAP STYLE="vertical-align: top; width: 84px"><P style="line-height:11pt; margin:0px; padding-left:9.6px; font-size:10pt">Not Rated</P>
</TD><TD NOWRAP STYLE="vertical-align: top; width: 10%"><P style="line-height:11pt; margin:0px; font-size:10pt" align=center>11</P>
</TD></TR>

<TR>
<TD valign=top colspan=2 nowrap><P style="line-height:11pt; margin:0px; padding-left:9.6px; font-size:10pt">* Excludes common stock and cash.</P>
</TD></TR>
</TABLE>







&nbsp;<BR>
<P ALIGN="CENTER"><DIV ALIGN="CENTER"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="1"><I>S e e&nbsp;&nbsp;&nbsp;&nbsp;a c c o m p a n y i n
g&nbsp;&nbsp;&nbsp;&nbsp;n o t e s&nbsp;&nbsp;&nbsp;&nbsp;t o&nbsp;&nbsp;&nbsp;&nbsp;f i n a n c i a l&nbsp;&nbsp;&nbsp;&nbsp;s t a t e m e n t
s</I></FONT></DIV></P>
<!-- agabop mode="ep" last-style="textc" -->
<P ALIGN="CENTER"><DIV ALIGN="CENTER"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><B><I>-&nbsp;9&nbsp;-<BR></I></B></FONT></DIV></P>
<HR NOSHADE SIZE="5">
<!-- END DIVISION: DIV_report PAGE POSITION: 12 -->
<PAGE>
<BR>
<!-- BEGIN DIVISION: DIV_report PAGE POSITION: 13 -->
<!-- agabop mode="main" last-style="textc" -->
<P ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"></FONT></P>
<TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0 WIDTH="100%">
 <TR STYLE="FONT-SIZE:1PX">
 <TD WIDTH="100%" VALIGN=TOP>
 <P>&nbsp;</P>
 </TD>
 </TR>
 <TR>
 <TD VALIGN=TOP>
 <P><FONT SIZE=1>E L L S W O R T H&nbsp;&nbsp;&nbsp;F U N D&nbsp;&nbsp;
 L T D .&nbsp;&nbsp;2 0 1 3&nbsp;&nbsp; S E M I - A N N U A L&nbsp;&nbsp; R E P O R T &nbsp;&nbsp;T O &nbsp;&nbsp;S H A R E H O L D E R S</FONT></P>
 </TD>
 </TR>
 <TR>
 <TD VALIGN=TOP BGCOLOR="#e6e6e6">
 <P><FONT SIZE=1>&nbsp;</FONT></P>
 </TD>
 </TR>
 <TR>
 <TD VALIGN=TOP><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="6">Statement of Assets and Liabilities
</FONT><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="4"><I>(unaudited)</I></FONT></P>
 </TD>
 </TR>
</TABLE>

<TABLE ALIGN="" CELLPADDING="0" CELLSPACING="0" BORDER="0" WIDTH="100%">
<TR VALIGN="BOTTOM">
     <TH WIDTH="100%" nowrap ALIGN="CENTER"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="1"></FONT></TH>
     <TH><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="1">&nbsp;</FONT></TH>
     <TH><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="1">&nbsp;</FONT></TH>
     <TH><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="1">&nbsp;&nbsp;&nbsp;</FONT></TH>
     <TH COLSPAN="3" nowrap ALIGN="CENTER"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">March 31, 2013<HR SIZE=1 NOSHADE COLOR="#000000"
ALIGN="CENTER"></FONT></TH>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 10px; TEXT-INDENT:
-10px"><B>Assets:</B></DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 30px; TEXT-INDENT:
-10px">Investments at value (cost $100,719,728) (Note 1)</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;$</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">116,565,682</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 30px; TEXT-INDENT:
-10px">Cash</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">2,936,156</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 30px; TEXT-INDENT:
-10px">Receivable for securities sold</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">1,172,576</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 30px; TEXT-INDENT:
-10px">Dividends and interest receivable</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">650,156</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 30px; TEXT-INDENT:
-10px">Other assets</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">2,352</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 40px; TEXT-INDENT:
-10px">Total assets</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">121,326,922</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 10px; TEXT-INDENT:
-10px"><B>Liabilities:</B></DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 30px; TEXT-INDENT:
-10px">Accrued management fee (Note 2)</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">76,253</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 30px; TEXT-INDENT:
-10px">Other liabilities</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">23,741</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 40px; TEXT-INDENT:
-10px">Total liabilities</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">99,994</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR><TD>&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 10px; TEXT-INDENT:
-10px"><B>Net Assets</B></DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: double windowtext 2pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;$</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: double windowtext 2pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">121,226,928</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 2pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR><TD>&nbsp;</TD></TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 10px; TEXT-INDENT:
-10px"><B>Net assets consist of:</B></DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 30px; TEXT-INDENT:
-10px">Capital shares (unlimited shares of $0.01 par value authorized) (Note 3)</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;$</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">135,079</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 30px; TEXT-INDENT:
-10px">Additional paid-in capital</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">118,066,361</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 30px; TEXT-INDENT:
-10px">Undistributed net investment income</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">(822,006</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">)&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 30px; TEXT-INDENT:
-10px">Accumulated net realized loss from investment transactions</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">(11,998,460</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">)&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 30px; TEXT-INDENT:
-10px">Unrealized appreciation on investments</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">15,845,954</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR><TD>&nbsp;</TD></TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 10px; TEXT-INDENT:
-10px"><B>Net Assets</B></DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: double windowtext 2pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;$</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: double windowtext 2pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">121,226,928</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 2pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR><TD>&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 10px; TEXT-INDENT:
-10px">Net asset value per share ($121,226,928 &divide; 13,507,882 outstanding shares)</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: double windowtext 2pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;$</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: double windowtext 2pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">8.97</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 2pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TABLE>
&nbsp;<BR>


<TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0 WIDTH="100%">
 <TR STYLE="FONT-SIZE:1PX">
 <TD WIDTH="100%" VALIGN=TOP>
 <P>&nbsp;</P>
 </TD>
 </TR>

 <TR>
 <TD VALIGN=TOP BGCOLOR="#e6e6e6">
 <P><FONT SIZE=1>&nbsp;</FONT></P>
 </TD>
 </TR>
 <TR>
 <TD VALIGN=TOP>



<P ALIGN="LEFT"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="6">Statement of Operations</FONT><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="4"><I>(unaudited)</I></FONT></P>
 </TD>
 </TR>
</TABLE>
<P ALIGN="JUSTIFY"><DIV ALIGN="JUSTIFY"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="4"><I>For the Six Months Ended March 31,
2013</I></FONT></DIV></P>
<P ALIGN="JUSTIFY"><DIV ALIGN="JUSTIFY"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"></FONT></DIV></P>
<TABLE ALIGN="" CELLPADDING="0" CELLSPACING="0" BORDER="0" WIDTH="100%">
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 10px; TEXT-INDENT:
-10px"><B>Investment Income (Note 1):</B></DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
<TD>&nbsp;&nbsp;&nbsp;</TD>
<TD>&nbsp;&nbsp;&nbsp;</TD>
<TD>&nbsp;&nbsp;&nbsp;</TD></TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 20px; TEXT-INDENT:
-10px">Interest</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;$</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">921,427</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 20px; TEXT-INDENT:
-10px">Dividends</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">1,185,500</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 30px; TEXT-INDENT:
-10px">Total income</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">2,106,927</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 10px; TEXT-INDENT:
-10px"><B>Expenses (Note 2):</B></DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
<TD>&nbsp;&nbsp;&nbsp;</TD>
<TD>&nbsp;&nbsp;&nbsp;</TD>
<TD>&nbsp;&nbsp;&nbsp;</TD></TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 20px; TEXT-INDENT:
-10px">Management fee</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">414,770</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 20px; TEXT-INDENT:
-10px">Custodian</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">6,038</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 20px; TEXT-INDENT:
-10px">Transfer agent</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">15,983</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 20px; TEXT-INDENT:
-10px">Legal fees</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">48,739</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 20px; TEXT-INDENT:
-10px">Audit fees</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">21,165</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 20px; TEXT-INDENT:
-10px">Trustees&#146; fees</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">52,416</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 20px; TEXT-INDENT:
-10px">Administrative services fees</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">30,342</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 20px; TEXT-INDENT:
-10px">Reports to shareholders</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">26,603</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 20px; TEXT-INDENT:
-10px">Insurance</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">14,088</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 20px; TEXT-INDENT:
-10px">Other</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">31,414</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 30px; TEXT-INDENT:
-10px">Total expenses</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">661,558</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 10px; TEXT-INDENT:
-10px"><B>Net Investment Income</B></DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><B>1,445,369</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><B></B>&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 10px; TEXT-INDENT:
-10px"><B>Realized and Unrealized Gain on Investments:</B></DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 20px; TEXT-INDENT:
-10px">Net realized loss from investment transactions</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">(402,463</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">)&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 20px; TEXT-INDENT:
-10px">Net unrealized appreciation of investments</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">7,516,297</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 30px; TEXT-INDENT:
-10px">Net gain on investments</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">7,113,834</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 10px; TEXT-INDENT:
-10px"><B>Net Increase in Net Assets Resulting from Operations</B></DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: double windowtext 2pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;<B>$</B></FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: double windowtext 2pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><B>8,559,203</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 2pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><B></B>&nbsp;&nbsp;</FONT></TD>
</TABLE>
&nbsp;<BR>
<P ALIGN="CENTER"><DIV ALIGN="CENTER"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="1"><I>S e e&nbsp;&nbsp;&nbsp;&nbsp;a c c o m p a n y i n
g&nbsp;&nbsp;&nbsp;&nbsp;n o t e s&nbsp;&nbsp;&nbsp;&nbsp;t o&nbsp;&nbsp;&nbsp;&nbsp;f i n a n c i a l&nbsp;&nbsp;&nbsp;&nbsp;s t a t e m e n t
s</I></FONT></DIV></P>
<!-- agabop mode="ep" last-style="textc" -->
<P ALIGN="CENTER"><DIV ALIGN="CENTER"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><B><I>-&nbsp;10&nbsp;-<BR></I></B></FONT></DIV></P>
<HR NOSHADE SIZE="5">
<!-- END DIVISION: DIV_report PAGE POSITION: 13 -->
<PAGE>
<BR>
<!-- BEGIN DIVISION: DIV_report PAGE POSITION: 14 -->
<!-- agabop mode="main" last-style="textc" -->
<TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0 WIDTH="100%">
 <TR STYLE="FONT-SIZE:1PX">
 <TD WIDTH="100%" VALIGN=TOP>
 <P>&nbsp;</P>
 </TD>
 </TR>
 <TR>
 <TD VALIGN=TOP>
 <P><FONT SIZE=1>E L L S W O R T H&nbsp;&nbsp;&nbsp;F U N D&nbsp;&nbsp;
 L T D .&nbsp;&nbsp;2 0 1 3&nbsp;&nbsp; S E M I - A N N U A L&nbsp;&nbsp; R E P O R T &nbsp;&nbsp;T O &nbsp;&nbsp;S H A R E H O L D E R S</FONT></P>
 </TD>
 </TR>
 <TR>
 <TD VALIGN=TOP BGCOLOR="#e6e6e6">
 <P><FONT SIZE=1>&nbsp;</FONT></P>
 </TD>
 </TR>
 <TR>
 <TD VALIGN=TOP><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="6">Statement of Changes in Net Assets</FONT></P>
 </TD>
 </TR>
</TABLE>
<TABLE ALIGN="" CELLPADDING="0" CELLSPACING="0" BORDER="0" WIDTH="100%">
<TR VALIGN="BOTTOM">
     <TH WIDTH="65%" nowrap ALIGN="CENTER"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="1"></FONT></TH>
     <TH><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="1">&nbsp;</FONT></TH>
     <TH><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="1">&nbsp;</FONT></TH>
     <TH><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="1">&nbsp;&nbsp;&nbsp;</FONT></TH>
     <TH COLSPAN="3" nowrap ALIGN="CENTER"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><B>Six Months Ended<BR> March 31, 2013</B>(a)<HR SIZE=1
NOSHADE COLOR="#000000" ALIGN="CENTER"></FONT></TH>
     <TH ALIGN="CENTER"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="1">&nbsp;&nbsp;&nbsp;</FONT></TH>
     <TH COLSPAN="3" nowrap ALIGN="CENTER"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><B>Year Ended<BR> September 30, 2012</B><HR SIZE=1
NOSHADE COLOR="#000000" ALIGN="CENTER"></FONT></TH>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="65%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 10px; TEXT-INDENT:
-10px"><B>Change in net assets from operations:</B></DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="65%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 20px; TEXT-INDENT:
-10px">Net investment income</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;$</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">1,445,369</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;$</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">2,571,950</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="65%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 20px; TEXT-INDENT:
-10px">Net realized loss from investment transactions</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">(402,463</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">)&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">(2,147,504</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">)&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="65%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 20px; TEXT-INDENT:
-10px">Net change in unrealized appreciation (depreciation) of investments</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">7,516,297</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">16,769,222</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="65%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 30px; TEXT-INDENT:
-10px">Net change in net assets resulting from operations</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">8,559,203</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">17,193,668</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR><TD>&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="65%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 10px; TEXT-INDENT:
-10px"><B>Dividends to shareholders from:</B></DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
<TD>&nbsp;&nbsp;&nbsp;</TD>
<TD>&nbsp;&nbsp;&nbsp;</TD>
<TD>&nbsp;&nbsp;&nbsp;</TD></TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="65%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 20px; TEXT-INDENT:
-10px">Net investment income</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">(1,860,030</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">)&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">(3,340,636</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">)&nbsp;&nbsp;</FONT></TD>
</TR>
<TR><TD>&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="65%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 10px; TEXT-INDENT:
-10px"><B>Capital share transactions (Note 3)</B></DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">373,862</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">293,079</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR><TD>&nbsp;</TD></TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="65%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 10px; TEXT-INDENT:
-10px"><B>Change in net assets</B></DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">7,073,035</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">14,146,111</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR><TD>&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="65%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 10px; TEXT-INDENT:
-10px">Net assets at beginning of period</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">114,153,893</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">100,007,782</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR><TD>&nbsp;</TD></TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="65%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 10px; TEXT-INDENT:
-10px"><B>Net assets at end of period</B></DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: double windowtext 2pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;$</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: double windowtext 2pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">121,226,928</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 2pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: double windowtext 2pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;$</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: double windowtext 2pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">114,153,893</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 2pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR><TD>&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="65%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 20px; TEXT-INDENT:
-10px">Undistributed net investment income at end of period</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: double windowtext 2pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;$</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: double windowtext 2pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">(822,006</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 2pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">)&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: double windowtext 2pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;$</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: double windowtext 2pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">(407,345</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 2pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">)&nbsp;&nbsp;</FONT></TD>
</TABLE>
&nbsp;<BR>



<TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0 WIDTH="100%">
 <TR STYLE="FONT-SIZE:1PX">
 <TD WIDTH="100%" VALIGN=TOP>
 <P>&nbsp;</P>
 </TD>
 </TR>

 <TR>
 <TD VALIGN=TOP BGCOLOR="#e6e6e6">
 <P><FONT SIZE=1>&nbsp;</FONT></P>
 </TD>
 </TR>
 <TR>
 <TD VALIGN=TOP><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="6">Financial Highlights </FONT><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="4"><I>Selected data for a share of
beneficial interest outstanding</I></FONT></P>
 </TD>
 </TR>
</TABLE>

<TABLE ALIGN="" CELLPADDING="0" CELLSPACING="0" BORDER="0" WIDTH="100%">
<TR VALIGN="BOTTOM">
     <TH WIDTH="100%" nowrap ALIGN="CENTER"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="1"></FONT></TH>
     <TH><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="1">&nbsp;</FONT></TH>
     <TH><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="1">&nbsp;</FONT></TH>
     <TH><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="1">&nbsp;&nbsp;&nbsp;</FONT></TH>
     <TH COLSPAN="3" nowrap ALIGN="CENTER"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">Six Months<BR> Ended<BR> March 31,</FONT></TH>
     <TH ALIGN="CENTER"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="1">&nbsp;&nbsp;&nbsp;</FONT></TH>
     <TH COLSPAN=19 nowrap ALIGN="CENTER"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><B>Years Ended September 30,</B><HR SIZE=1 NOSHADE
COLOR="#000000" ALIGN="CENTER"></FONT></TH>
     <TH ALIGN="CENTER"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="1">&nbsp;&nbsp;&nbsp;</FONT></TH>
</TR>
<TR VALIGN="BOTTOM">
     <TH WIDTH="100%" nowrap ALIGN="CENTER"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="1"></FONT></TH>
     <TH><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="1">&nbsp;</FONT></TH>
     <TH><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="1">&nbsp;</FONT></TH>
     <TH><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="1">&nbsp;&nbsp;&nbsp;</FONT></TH>
     <TH COLSPAN="3" nowrap ALIGN="CENTER"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">2013(a)<HR SIZE=1
NOSHADE COLOR="#000000" ALIGN="CENTER"></FONT></TH>
     <TH ALIGN="CENTER"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="1">&nbsp;&nbsp;&nbsp;</FONT></TH>
     <TH COLSPAN="3" nowrap ALIGN="CENTER"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><B>2012</B><HR SIZE=1 NOSHADE COLOR="#000000"
ALIGN="CENTER"></FONT></TH>
     <TH ALIGN="CENTER"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="1">&nbsp;&nbsp;&nbsp;</FONT></TH>
     <TH COLSPAN="3" nowrap ALIGN="CENTER"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><B>2011</B><HR SIZE=1 NOSHADE COLOR="#000000"
ALIGN="CENTER"></FONT></TH>
     <TH ALIGN="CENTER"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="1">&nbsp;&nbsp;&nbsp;</FONT></TH>
     <TH COLSPAN="3" nowrap ALIGN="CENTER"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><B>2010</B><HR SIZE=1 NOSHADE COLOR="#000000"
ALIGN="CENTER"></FONT></TH>
     <TH ALIGN="CENTER"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="1">&nbsp;&nbsp;&nbsp;</FONT></TH>
     <TH COLSPAN="3" nowrap ALIGN="CENTER"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><B>2009</B><HR SIZE=1 NOSHADE COLOR="#000000"
ALIGN="CENTER"></FONT></TH>
     <TH ALIGN="CENTER"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="1">&nbsp;&nbsp;&nbsp;</FONT></TH>
     <TH COLSPAN="3" nowrap ALIGN="CENTER"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><B>2008</B><HR SIZE=1 NOSHADE COLOR="#000000"
ALIGN="CENTER"></FONT></TH>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 10px; TEXT-INDENT:
-10px"><B>Operating Performance:</B></DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 10px; TEXT-INDENT:
-10px">Net asset value, beginning of period</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;$</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">8.48</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;$</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">7.46</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;$</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">7.95</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;$</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">7.15</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;$</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">7.18</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;$</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">10.27</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 10px; TEXT-INDENT:
-10px">Net investment income</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">0.11</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">0.19</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">0.22</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">0.26</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">0.33</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">0.31</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 10px; TEXT-INDENT:
-10px">Net realized and unrealized gain (loss)</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">0.52</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">1.08</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">(0.46</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">)&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">0.84</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">(0.04</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">)&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">(2.24</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">)&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 20px; TEXT-INDENT:
-10px">Total from investment operations</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">0.63</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">1.27</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">(0.24</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">)&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">1.10</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">0.29</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">(1.93</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">)&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 10px; TEXT-INDENT:
-10px"><B>Less Distributions:</B></DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 10px; TEXT-INDENT:
-10px">Dividends from net investment income</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">(0.14</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">)&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">(0.25</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">)&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">(0.25</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">)&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">(0.30</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">)&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">(0.32</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">)&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">(0.33</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">)&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 10px; TEXT-INDENT:
-10px">Distributions from realized gains</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&#151;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&#151;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&#151;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&#151;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&#151;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">(0.83</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">)&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 20px; TEXT-INDENT:
-10px">Total distributions</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">(0.14</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">)&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">(0.25</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">)&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">(0.25</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">)&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">(0.30</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">)&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">(0.32</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">)&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">(1.16</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">)&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 10px; TEXT-INDENT:
-10px">Net asset value, end of period</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: double windowtext 2pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;$</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: double windowtext 2pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">8.97</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 2pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: double windowtext 2pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;$</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: double windowtext 2pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">8.48</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 2pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: double windowtext 2pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;$</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: double windowtext 2pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">7.46</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 2pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: double windowtext 2pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;$</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: double windowtext 2pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">7.95</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 2pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: double windowtext 2pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;$</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: double windowtext 2pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">7.15</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 2pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: double windowtext 2pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;$</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: double windowtext 2pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">7.18</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 2pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 10px; TEXT-INDENT:
-10px">Market value, end of period</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;$</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">7.64</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;$</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">7.35</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;$</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">6.43</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;$</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">7.17</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;$</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">6.16</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;$</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">5.30</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 10px; TEXT-INDENT:
-10px">Total Market Value Return (%)(b)</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">5.96</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">18.41</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">(7.13</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">)&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">21.9</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">23.9</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">(33.3</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">)&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 10px; TEXT-INDENT:
-10px">Total Net Asset Value Return (%)(b)</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">7.82</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">17.75</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">(2.82</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">)&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">16.4</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">6.1</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">(21.0</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">)&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 10px; TEXT-INDENT:
-10px"><B>Ratios/Supplemental Data:</B></DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD  COLSPAN="3"><DIV ><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 0px; TEXT-INDENT:
0px">&nbsp;</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 10px; TEXT-INDENT:
-10px">Net assets, end of period (in thousands)</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;$</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">121,227</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;$</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">114,154</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;$</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">100,008</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;$</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">106,233</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;$</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">94,973</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;$</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">94,497</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 10px; TEXT-INDENT:
-10px">Ratio of expenses to average net assets (%)</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">1.1</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><!--cal;rhang-->(c)&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">1.1</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">1.1</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">1.1</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">1.2</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">1.1</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 10px; TEXT-INDENT:
-10px">Ratio of net investment income to average net assets (%)</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">2.5</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><!--cal;rhang-->(c)&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">2.3</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">2.6</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">3.5</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">5.5</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">3.6</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 10px; TEXT-INDENT:
-10px">Portfolio turnover rate (%)</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">23</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">39</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">47</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">62</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">71</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">61</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
</TABLE>

<P ALIGN="JUSTIFY"><DIV ALIGN="JUSTIFY" STYLE="Margin-Bottom: -15pt"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><HR SIZE="1" WIDTH="92" ALIGN="left" NOSHADE
COLOR="#000000"></FONT></DIV></P>

<TABLE CELLPADDING="0" CELLSPACING="0" BORDER="0" WIDTH="100%">
<TR VALIGN="TOP">
     <TD WIDTH="17px" ALIGN="LEFT" nowrap><DIV ><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">(a)</FONT></DIV></TD>
     <TD WIDTH="3px" ALIGN="LEFT">&nbsp;</TD>
     <TD WIDTH="100%" ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">Unaudited.</FONT></TD>
</TR>
</TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" BORDER="0" WIDTH="100%">
<TR VALIGN="TOP">
     <TD WIDTH="17px" ALIGN="LEFT" nowrap><DIV ><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">(b)</FONT></DIV></TD>
     <TD WIDTH="3px" ALIGN="LEFT">&nbsp;</TD>
     <TD WIDTH="100%" ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">Market value total return is calculated assuming a purchase of
Fund shares on the opening of the first business day and a sale on the closing of the last business day of each period reported. Dividends and
distributions are assumed for the purposes of this calculation to be reinvested at prices obtained under the Fund&#146;s Automatic Dividend Investment
and Cash Payment Plan. Net asset value total return is calculated on the same basis, except that the Fund&#146;s net asset value is used on the
purchase and sale dates instead of market value.</FONT></TD>
</TR>
</TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" BORDER="0" WIDTH="100%">
<TR VALIGN="TOP">
     <TD WIDTH="17px" ALIGN="LEFT" nowrap><DIV ><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">(c)</FONT></DIV></TD>
     <TD WIDTH="3px" ALIGN="LEFT">&nbsp;</TD>
     <TD WIDTH="100%" ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">Annualized.</FONT></TD>
</TR>
</TABLE>
<BR>
<P ALIGN="CENTER"><DIV ALIGN="CENTER"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="1"><I>S e e&nbsp;&nbsp;&nbsp;&nbsp;a c c o m p a n y i n
g&nbsp;&nbsp;&nbsp;&nbsp;n o t e s&nbsp;&nbsp;&nbsp;&nbsp;t o&nbsp;&nbsp;&nbsp;&nbsp;f i n a n c i a l&nbsp;&nbsp;&nbsp;&nbsp;s t a t e m e n t
s</I></FONT></DIV></P>
<!-- agabop mode="ep" last-style="textc" -->
<P ALIGN="CENTER"><DIV ALIGN="CENTER"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><B><I>-&nbsp;11&nbsp;-<BR></I></B></FONT></DIV></P>
<HR NOSHADE SIZE="5">
<!-- END DIVISION: DIV_report PAGE POSITION: 14 -->
<PAGE>
<BR>
<!-- BEGIN DIVISION: DIV_report PAGE POSITION: 15 -->
<!-- agabop mode="main" last-style="textc" -->
<TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0 WIDTH="100%">
 <TR STYLE="FONT-SIZE:1PX">
 <TD WIDTH="100%" VALIGN=TOP>
 <P>&nbsp;</P>
 </TD>
 </TR>
 <TR>
 <TD VALIGN=TOP>
 <P><FONT SIZE=1>E L L S W O R T H&nbsp;&nbsp;&nbsp;F U N D&nbsp;&nbsp;
 L T D .&nbsp;&nbsp;2 0 1 3&nbsp;&nbsp; S E M I - A N N U A L&nbsp;&nbsp; R E P O R T &nbsp;&nbsp;T O &nbsp;&nbsp;S H A R E H O L D E R S</FONT></P>
 </TD>
 </TR>
 <TR>
 <TD VALIGN=TOP BGCOLOR="#e6e6e6">
 <P><FONT SIZE=1>&nbsp;</FONT></P>
 </TD>
 </TR>
 <TR>
 <TD VALIGN=TOP><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="6">Notes to Financial Statements
</FONT><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="4"><I>(unaudited)</I></FONT></DIV></P>
 </TD>
 </TR>
</TABLE>
<P ALIGN="LEFT"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><B>NOTE 1&nbsp;&#150;&nbsp;ORGANIZATION AND SIGNIFICANT
ACCOUNTING POLICIES</B></FONT></DIV></P>
<P ALIGN="JUSTIFY"><DIV ALIGN="JUSTIFY"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><B>(a) Organization</B>&nbsp;&#150;&nbsp;Ellsworth Fund
Ltd. (the &#147;Fund&#148;), is registered under the Investment Company Act of 1940, as amended, as a diversified, closed-end management investment
company.</FONT></DIV></P>
<P ALIGN="JUSTIFY"><DIV ALIGN="JUSTIFY"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><B>(b) Indemnification</B>&nbsp;&#150;&nbsp;Under the
Fund&#146;s organizational documents, each trustee, officer or other agent of the Fund (including the Fund&#146;s investment adviser) is indemnified
against certain liabilities that may arise out of the performance of their duties to the Fund. Additionally, in the normal course of business, the Fund
enters into contracts that contain a variety of indemnification clauses. The Fund&#146;s maximum exposure under these arrangements is unknown, as this
would involve future claims that may be made against the Fund that have not yet occurred. The risk of material loss as a result of such indemnification
is considered remote.</FONT></DIV></P>
<P ALIGN="JUSTIFY"><DIV ALIGN="JUSTIFY"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><B>(c) Security Valuation</B>&nbsp;&#150;&nbsp;Investments
in securities traded on a national securities exchange are valued at market price 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 approved by the Board of Trustees. Short-term debt securities with original
maturities of 60 days or less are valued at amortized cost.</FONT></DIV></P>
<P ALIGN="JUSTIFY"><DIV ALIGN="JUSTIFY"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">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: </FONT></DIV></P>
<P ALIGN="JUSTIFY"><DIV ALIGN="JUSTIFY"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">Level 1&nbsp;&#150;&nbsp;Quoted unadjusted prices for identical instruments in active markets.</FONT></DIV></P>
<P ALIGN="JUSTIFY"><DIV ALIGN="JUSTIFY"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">Level 2&nbsp;&#150;&nbsp;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.</FONT></DIV></P>
<P ALIGN="JUSTIFY"><DIV ALIGN="JUSTIFY"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">Level 3&nbsp;&#150;&nbsp;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&#146;s own
assumptions that market participants would use to price an asset or liability based on the best available information.</FONT></DIV></P>
<P ALIGN="JUSTIFY"><DIV ALIGN="JUSTIFY"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">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.</FONT></DIV></P>
<P ALIGN="JUSTIFY"><DIV ALIGN="JUSTIFY"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">The net change in unrealized appreciation from Level 3
investments held as of March 31, 2013 was $1,181 and is included in net unrealized appreciation of investments on the Statement of Operations.
Transfers into, or out of, Level 3 are valued utilizing values as of the end of the period.</FONT></DIV></P>
<!-- agabop mode="ep" last-style="textf" -->
<P ALIGN="CENTER"><DIV ALIGN="CENTER"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><B><I>-&nbsp;12&nbsp;-<BR></I></B></FONT></DIV></P>
<HR NOSHADE SIZE="5">
<!-- END DIVISION: DIV_report PAGE POSITION: 15 -->
<PAGE>
<BR>
<!-- BEGIN DIVISION: DIV_report PAGE POSITION: 16 -->
<!-- agabop mode="main" last-style="textf" -->
<TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0 WIDTH="100%">
 <TR STYLE="FONT-SIZE:1PX">
 <TD WIDTH="100%" VALIGN=TOP>
 <P>&nbsp;</P>
 </TD>
 </TR>
 <TR>
 <TD VALIGN=TOP>
 <P><FONT SIZE=1>E L L S W O R T H&nbsp;&nbsp;&nbsp;F U N D&nbsp;&nbsp;
 L T D .&nbsp;&nbsp;2 0 1 3&nbsp;&nbsp; S E M I - A N N U A L&nbsp;&nbsp; R E P O R T &nbsp;&nbsp;T O &nbsp;&nbsp;S H A R E H O L D E R S</FONT></P>
 </TD>
 </TR>
 <TR>
 <TD VALIGN=TOP BGCOLOR="#e6e6e6">
 <P><FONT SIZE=1>&nbsp;</FONT></P>
 </TD>
 </TR>
 <TR>
 <TD VALIGN=TOP><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="6">Notes to Financial Statements
</FONT><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="4"><I>(continued)</I></FONT></DIV></P>
 </TD>
 </TR>
</TABLE>
<P ALIGN="LEFT"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><B>NOTE 1&nbsp;&#150;&nbsp;ORGANIZATION AND SIGNIFICANT
ACCOUNTING POLICIES <I>(continued)</I></B></FONT></DIV></P>
<P ALIGN="LEFT"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">The following is a summary of the inputs used to value the net
assets of Ellsworth Fund Ltd. as of March 31, 2013:</FONT></DIV></P>
<P ALIGN="LEFT"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"></FONT></DIV></P>
<TABLE ALIGN="" CELLPADDING="0" CELLSPACING="0" BORDER="0" WIDTH="100%">
<TR VALIGN="BOTTOM">
     <TD WIDTH="100%" nowrap ALIGN="CENTER"></TD>
     <TD><FONT STYLE="font: xx-small TIMES NEW ROMAN, TIMES, SERIF"><B>&nbsp;</B></FONT></TD>
     <TD><FONT STYLE="font: xx-small TIMES NEW ROMAN, TIMES, SERIF"><B>&nbsp;</B></FONT></TD>
     <TD><FONT STYLE="font: xx-small TIMES NEW ROMAN, TIMES, SERIF"><B>&nbsp;&nbsp;&nbsp;</B></FONT></TD>
     <TD COLSPAN="3" nowrap ALIGN="CENTER"><FONT STYLE="font: x-small TIMES NEW ROMAN, TIMES, SERIF"><B>Level 1<HR SIZE=1 NOSHADE
     COLOR="#000000"
ALIGN="CENTER"></B></FONT></TD>
     <TD ALIGN="CENTER"><FONT STYLE="font: xx-small TIMES NEW ROMAN, TIMES, SERIF"><B>&nbsp;&nbsp;&nbsp;</B></FONT></TD>
     <TD COLSPAN="3" nowrap ALIGN="CENTER"><FONT STYLE="font: x-small TIMES NEW ROMAN, TIMES, SERIF"><B>Level 2<HR SIZE=1 NOSHADE
     COLOR="#000000"
ALIGN="CENTER"></B></FONT></TD>
     <TD ALIGN="CENTER"><FONT STYLE="font: xx-small TIMES NEW ROMAN, TIMES, SERIF"><B>&nbsp;&nbsp;&nbsp;</B></FONT></TD>
     <TD COLSPAN="3" nowrap ALIGN="CENTER"><FONT STYLE="font: x-small TIMES NEW ROMAN, TIMES, SERIF"><B>Level 3<HR SIZE=1 NOSHADE
     COLOR="#000000"
ALIGN="CENTER"></B></FONT></TD>
     <TD ALIGN="CENTER"><FONT STYLE="font: xx-small TIMES NEW ROMAN, TIMES, SERIF"><B>&nbsp;&nbsp;&nbsp;</B></FONT></TD>
     <TD COLSPAN="3" nowrap ALIGN="CENTER"><FONT STYLE="font: x-small TIMES NEW ROMAN, TIMES, SERIF"><B>Total<HR SIZE=1 NOSHADE
     COLOR="#000000"
ALIGN="CENTER"></B></FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 10px; TEXT-INDENT:
-10px">Investments in Securities:</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 10px; TEXT-INDENT:
-10px">Common Stock:</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 20px; TEXT-INDENT:
-10px">Diversified Financial Services</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;$</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"> 864,715</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;$</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"> &#151;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;$</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&#151;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;$</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"> 864,715</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 20px; TEXT-INDENT:
-10px">Diversified Telecommunication Services</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">5,517,300</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&#151;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&#151;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">5,517,300</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 20px; TEXT-INDENT:
-10px">Media</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">852,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&#151;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&#151;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">852,000</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 20px; TEXT-INDENT:
-10px">Metals &amp; Mining</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">754,020</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&#151;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&#151;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">754,020</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 20px; TEXT-INDENT:
-10px">Oil, Gas &amp; Consumable Fuels</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">1,609,598</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&#151;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&#151;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">1,609,598</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 20px; TEXT-INDENT:
-10px">Pharmaceuticals</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">5,771,954</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&#151;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&#151;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">5,771,954</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 20px; TEXT-INDENT:
-10px">Semiconductors &amp; Semiconductor Equipment</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">546,250</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&#151;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&#151;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">546,250</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 20px; TEXT-INDENT:
-10px">Software</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">1,676,546</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&#151;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&#151;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">1,676,546</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 10px; TEXT-INDENT:
-10px"><B>Total Common Stocks</B></DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">17,592,383</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&#151;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&#151;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">17,592,383</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 10px; TEXT-INDENT:
-10px">&nbsp;</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 10px; TEXT-INDENT:
-10px">Convertible Bonds and Notes</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&#151;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">72,628,134</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&#151;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">72,628,134</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 10px; TEXT-INDENT:
-10px">Convertible Preferred Stock</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&#151;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">13,518,356</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">919,577</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">14,437,933</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 10px; TEXT-INDENT:
-10px">Mandatory Convertible Securities</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&#151;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">11,907,232</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&#151;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">11,907,232</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 10px; TEXT-INDENT:
-10px"><B>Total Investments</B></DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: double windowtext 2pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;$</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: double windowtext 2pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">17,592,383</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 2pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: double windowtext 2pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;$</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: double windowtext 2pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">98,053,722</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 2pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: double windowtext 2pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;$</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: double windowtext 2pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">919,577</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 2pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: double windowtext 2pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;$</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: double windowtext 2pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">116,565,682</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 2pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TABLE>
&nbsp;<BR>
<P ALIGN="LEFT"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">The following is a reconciliation of assets for which Level 3
inputs were used in determining value:</FONT></DIV></P>
<P ALIGN="LEFT"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"></FONT></DIV></P>
<TABLE ALIGN="" CELLPADDING="0" CELLSPACING="0" BORDER="0" WIDTH="100%">
<TR VALIGN="BOTTOM">
     <TD WIDTH="100%" nowrap ALIGN="CENTER"></TD>
     <TD><FONT STYLE="font: xx-small TIMES NEW ROMAN, TIMES, SERIF"><B>&nbsp;</B></FONT></TD>
     <TD><FONT STYLE="font: xx-small TIMES NEW ROMAN, TIMES, SERIF"><B>&nbsp;</B></FONT></TD>
     <TD><FONT STYLE="font: xx-small TIMES NEW ROMAN, TIMES, SERIF"><B>&nbsp;&nbsp;&nbsp;</B></FONT></TD>
     <TD COLSPAN="3" nowrap ALIGN="CENTER"><FONT STYLE="font: x-small TIMES NEW ROMAN, TIMES, SERIF"><B>Convertible<BR> Preferred<BR>
     Stock<HR SIZE=1 NOSHADE
COLOR="#000000" ALIGN="CENTER"></B></FONT></TD>
     <TD ALIGN="CENTER"><FONT STYLE="font: xx-small TIMES NEW ROMAN, TIMES, SERIF"><B>&nbsp;&nbsp;&nbsp;</B></FONT></TD>
     <TD COLSPAN="3" nowrap ALIGN="CENTER"><FONT STYLE="font: x-small TIMES NEW ROMAN, TIMES, SERIF"><B>Total<HR SIZE=1 NOSHADE
     COLOR="#000000"
ALIGN="CENTER"></B></FONT></TD>
     <TD ALIGN="CENTER"><FONT STYLE="font: xx-small TIMES NEW ROMAN, TIMES, SERIF"><B>&nbsp;&nbsp;&nbsp;</B></FONT></TD>
     <TD COLSPAN="3" nowrap ALIGN="CENTER"></TD>
     <TD ALIGN="CENTER"><FONT STYLE="font: xx-small TIMES NEW ROMAN, TIMES, SERIF"><B>&nbsp;&nbsp;&nbsp;</B></FONT></TD>
     <TD COLSPAN="3" nowrap ALIGN="CENTER"></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 10px; TEXT-INDENT:
-10px">Beginning balance</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;$</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">918,396</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;$</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">918,396</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 10px; TEXT-INDENT:
-10px">Change in unrealized appreciation (depreciation)</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">1,181</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">1,181</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
<TD>&nbsp;&nbsp;&nbsp;</TD>
<TD>&nbsp;&nbsp;&nbsp;</TD>
<TD>&nbsp;&nbsp;&nbsp;</TD>
<TD>&nbsp;&nbsp;&nbsp;</TD>
<TD>&nbsp;&nbsp;&nbsp;</TD>
<TD>&nbsp;&nbsp;&nbsp;</TD>
<TD>&nbsp;&nbsp;&nbsp;</TD></TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 10px; TEXT-INDENT:
-10px">Ending balance</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: double windowtext 2pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;$</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: double windowtext 2pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">919,577</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 2pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: double windowtext 2pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;$</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: double windowtext 2pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">919,577</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 2pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
<TD>&nbsp;&nbsp;&nbsp;</TD>
<TD>&nbsp;&nbsp;&nbsp;</TD>
<TD>&nbsp;&nbsp;&nbsp;</TD>
<TD>&nbsp;&nbsp;&nbsp;</TD>
<TD>&nbsp;&nbsp;&nbsp;</TD>
<TD>&nbsp;&nbsp;&nbsp;</TD>
<TD>&nbsp;&nbsp;&nbsp;</TD></TABLE>
&nbsp;<BR>
<P ALIGN="JUSTIFY"><DIV ALIGN="JUSTIFY"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">In May 2011, the Financial Accounting Standards Board
issued Accounting Standards Update (&#147;ASU&#148;) No. 2011-04 <I>&#147;Amendments to Achieve Common Fair Value Measurement and Disclosure
Requirements in U.S. GAAP and International Financial Reporting Standards (&#147;IFRS&#148;)&#148;.</I> ASU 2011-04 includes common requirements for
measurement of and disclosure about fair value between U.S. GAAP and IFRS. ASU 2011-04 will require reporting to entities to disclose the following
information for fair value measurements categorized within Level 3 of the fair value hierarchy: quantitative information about the unobservable inputs
used in the fair value measurement, the valuation processes used by the reporting entity, and a narrative description of the sensitivity of the fair
value measurement to changes in observable inputs and the interrelationships between those unobservable inputs. In addition, ASU 2011-04 will require
reporting to entities to make disclosures about amounts and reasons for all transfers in and out of Level 1 and Level 2 fair value measurements. The
new and revised disclosures are effective for interim and annual reporting periods beginning after December 15, 2011. At this time, management is
evaluating the implications of ASU 2011-04 and its impact on the financial statements.</FONT></DIV></P>
<P ALIGN="JUSTIFY"><DIV ALIGN="JUSTIFY"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">In December 2011, FASB issued ASU No. 2011-11 related to
disclosures about offsetting assets and liabilities. The amendments in this ASU require an entity to disclose information about offsetting and related
arrangements to enable users of its financial statements to understand the effect of those arrangements</FONT></DIV></P>
<!-- agabop mode="ep" last-style="textf" -->
<P ALIGN="CENTER"><DIV ALIGN="CENTER"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><B><I>-&nbsp;13&nbsp;-<BR></I></B></FONT></DIV></P>
<HR NOSHADE SIZE="5">
<!-- END DIVISION: DIV_report PAGE POSITION: 16 -->
<PAGE>
<BR>
<!-- BEGIN DIVISION: DIV_report PAGE POSITION: 17 -->
<!-- agabop mode="main" last-style="textf" -->
<TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0 WIDTH="100%">
 <TR STYLE="FONT-SIZE:1PX">
 <TD WIDTH="100%" VALIGN=TOP>
 <P>&nbsp;</P>
 </TD>
 </TR>
 <TR>
 <TD VALIGN=TOP>
 <P><FONT SIZE=1>E L L S W O R T H&nbsp;&nbsp;&nbsp;F U N D&nbsp;&nbsp;
 L T D .&nbsp;&nbsp;2 0 1 3&nbsp;&nbsp; S E M I - A N N U A L&nbsp;&nbsp; R E P O R T &nbsp;&nbsp;T O &nbsp;&nbsp;S H A R E H O L D E R S</FONT></P>
 </TD>
 </TR>
 <TR>
 <TD VALIGN=TOP BGCOLOR="#e6e6e6">
 <P><FONT SIZE=1>&nbsp;</FONT></P>
 </TD>
 </TR>
 <TR>
 <TD VALIGN=TOP><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="6">Notes to Financial Statements
</FONT><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="4"><I>(continued)</I></FONT></DIV></P>
 </TD>
 </TR>
</TABLE>
<P ALIGN="LEFT"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><B>NOTE 1&nbsp;&#150;&nbsp;ORGANIZATION AND SIGNIFICANT
ACCOUNTING POLICIES <I>(continued)</B></I></FONT></DIV></P>
<P ALIGN="JUSTIFY"><DIV ALIGN="JUSTIFY"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">on its financial position. The ASU is effective for annual
reporting periods beginning on or after January 1, 2013, and interim periods within those annual periods. The guidance requires retrospective
application for all comparative periods presented. The Fund is currently evaluating the impact ASU 2011-11 will have on the financial statement
disclosures.</FONT></DIV></P>
<P ALIGN="JUSTIFY"><DIV ALIGN="JUSTIFY"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><B>(d) Federal Income Taxes</B>&nbsp;&#150;&nbsp;The
Fund&#146;s policy is to distribute substantially all of its taxable income within the prescribed time and to otherwise comply with the provisions of
the Internal Revenue Code applicable to regulated investment companies. Therefore, no provision for federal income or excise taxes is believed
necessary. </FONT></DIV></P>
<P ALIGN="JUSTIFY"><DIV ALIGN="JUSTIFY"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">The Fund recognizes the tax benefits of uncertain tax positions only where the position is &#147;more-likely-than-not&#148; to be sustained
assuming examination by taxing authorities. Management of the Fund has analyzed the Fund&#146;s tax positions and has concluded that no liability for
unrecognized tax benefits should be recorded related to uncertain tax positions taken on returns filed for open tax years (2009-2011), or expected to
be taken in the Fund&#146;s 2012 tax returns. The major tax authority for the Fund is the Internal Revenue Service. The Fund is not aware of any tax
positions for which it is reasonably likely that the total amounts of unrecognized tax benefits will significantly change in the next six
months.</FONT></DIV></P>
<P ALIGN="JUSTIFY"><DIV ALIGN="JUSTIFY"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><B>(e) Securities Transactions and Related Investment
Income</B>&nbsp;&#150;&nbsp;Securities transactions are accounted for on the trade date (the 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
&#147;contingent payment debt instruments,&#148; Federal tax regulations require the Fund to record non-cash, &#147;contingent&#148; interest income in
addition to interest income actually received. Contingent interest income amounted to approximately $0.03 per share for the six months ended March 31,
2013. In addition, Federal tax regulations require the Fund to reclassify realized gains on contingent payment debt instruments to interest income. At
March 31, 2013, there were unrealized losses of approximately $0.03 per share on contingent payment debt instruments.</FONT></DIV></P>
<P ALIGN="JUSTIFY"><DIV ALIGN="JUSTIFY"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><B>(f) Distributions to
Shareholders</B>&nbsp;&#150;&nbsp;Distributions to shareholders from net investment income are recorded by the Fund on the ex-dividend date.
Distributions from capital gains, if any, are recorded on the ex-dividend date and paid annually.</FONT></DIV></P>
<P ALIGN="JUSTIFY"><DIV ALIGN="JUSTIFY"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">The amount and character of income and capital gains to be
distributed are determined in accordance with income tax regulations, which may differ from generally accepted accounting principles. The tax character
of distributions paid during the fiscal years ended September 30, 2012 and 2011 were as follows:</FONT></DIV></P>
<P ALIGN="JUSTIFY"><DIV ALIGN="JUSTIFY"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"></FONT></DIV></P>
<TABLE ALIGN="CENTER" CELLPADDING="0" CELLSPACING="0" BORDER="0" WIDTH="50%">
<TR VALIGN="BOTTOM">
     <TD WIDTH="100%" nowrap ALIGN="CENTER"></TD>
     <TD><FONT STYLE="font: xx-small TIMES NEW ROMAN, TIMES, SERIF"><B>&nbsp;</B></FONT></TD>
     <TD><FONT STYLE="font: xx-small TIMES NEW ROMAN, TIMES, SERIF"><B>&nbsp;</B></FONT></TD>
     <TD><FONT STYLE="font: xx-small TIMES NEW ROMAN, TIMES, SERIF"><B>&nbsp;&nbsp;&nbsp;</B></FONT></TD>
     <TD COLSPAN="3" nowrap ALIGN="CENTER"><FONT STYLE="font: x-small TIMES NEW ROMAN, TIMES, SERIF"><B>2012<HR SIZE=1 NOSHADE
     COLOR="#000000"
ALIGN="CENTER"></B></FONT></TD>
     <TD ALIGN="CENTER"><FONT STYLE="font: xx-small TIMES NEW ROMAN, TIMES, SERIF"><B>&nbsp;&nbsp;&nbsp;</B></FONT></TD>
     <TD COLSPAN="3" nowrap ALIGN="CENTER"><FONT STYLE="font: x-small TIMES NEW ROMAN, TIMES, SERIF"><B>2011<HR SIZE=1 NOSHADE
     COLOR="#000000"
ALIGN="CENTER"></B></FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 10px; TEXT-INDENT:
-10px">Ordinary income</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;$</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">3,340,636</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;$</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">3,402,358</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%" STYLE="padding-bottom: 1pt"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 10px; TEXT-INDENT:
-10px">Net realized gain on investments</DIV></FONT></DIV></TD>
     <TD WIDTH="3%" STYLE="padding-bottom: 1pt">&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH="3%" STYLE="padding-bottom: 1pt">&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH="3%" STYLE="padding-bottom: 1pt">&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH="5%" ALIGN="RIGHT" NOWRAP STYLE="padding-bottom: 1pt" STYLE="border-bottom: Black 1pt solid"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" STYLE="border-bottom: Black 1pt solid"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&#151;</FONT></TD>
     <TD WIDTH="5%" ALIGN="LEFT" NOWRAP STYLE="padding-bottom: 1pt"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH="3%" STYLE="padding-bottom: 1pt">&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH="5%" ALIGN="RIGHT" NOWRAP STYLE="padding-bottom: 1pt" STYLE="border-bottom: Black 1pt solid"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" STYLE="border-bottom: Black 1pt solid"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&#151;</FONT></TD>
     <TD WIDTH="5%" ALIGN="LEFT" NOWRAP STYLE="padding-bottom: 1pt"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 10px; TEXT-INDENT:
-10px">&nbsp;</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: double windowtext 2pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;$</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: double windowtext 2pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">3,340,636</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 2pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: double windowtext 2pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;$</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: double windowtext 2pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">3,402,358</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 2pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TABLE>
&nbsp;<BR>
<P ALIGN="JUSTIFY"><DIV ALIGN="JUSTIFY"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">At March 31, 2013, the components of distributable earnings
and federal tax cost were as follows:</FONT></DIV></P>
<P ALIGN="JUSTIFY"><DIV ALIGN="JUSTIFY"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"></FONT></DIV></P>
<TABLE ALIGN="CENTER" CELLPADDING="0" CELLSPACING="0" BORDER="0" WIDTH="50%">
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 10px; TEXT-INDENT:
-10px">Unrealized appreciation</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;$</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"> 17,640,713</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 10px; TEXT-INDENT:
-10px">Unrealized depreciation</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: solid windowtext 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">(3,167,457</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 1pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">)&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
<TD>&nbsp;&nbsp;&nbsp;</TD>
<TD>&nbsp;&nbsp;&nbsp;</TD>
<TD>&nbsp;&nbsp;&nbsp;</TD></TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 10px; TEXT-INDENT:
-10px">Net unrealized appreciation</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">14,473,256</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
<TD>&nbsp;&nbsp;&nbsp;</TD>
<TD>&nbsp;&nbsp;&nbsp;</TD>
<TD>&nbsp;&nbsp;&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
     <TD STYLE="text-align: left">&nbsp;</TD>
     <TD>&nbsp;</TD>
     <TD>&nbsp;</TD>
     <TD>&nbsp;</TD>
     <TD NOWRAP STYLE="text-align: right">&nbsp;</TD>
     <TD STYLE="text-align: right">&nbsp;</TD>
     <TD NOWRAP STYLE="text-align: left">&nbsp;</TD>
     <TD>&nbsp;</TD>
<TD>&nbsp;</TD>
<TD>&nbsp;</TD>
<TD>&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="100%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 10px; TEXT-INDENT:
-10px">Cost for federal income tax purposes</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap style='border-bottom: double windowtext 2pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF"
SIZE="2">&nbsp;&nbsp;$</FONT></TD>
     <TD ALIGN="RIGHT" style='border-bottom: double windowtext 2pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">102,096,941</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap style='padding-bottom: 2pt'><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
<TD>&nbsp;&nbsp;&nbsp;</TD>
<TD>&nbsp;&nbsp;&nbsp;</TD>
<TD>&nbsp;&nbsp;&nbsp;</TD></TABLE>
&nbsp;<BR>
<!-- agabop mode="ep" last-style="textf" -->
<P ALIGN="CENTER"><DIV ALIGN="CENTER"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><B><I>-&nbsp;14&nbsp;-<BR></I></B></FONT></DIV></P>
<HR NOSHADE SIZE="5">
<!-- END DIVISION: DIV_report PAGE POSITION: 17 -->
<PAGE>
<BR>
<!-- BEGIN DIVISION: DIV_report PAGE POSITION: 18 -->
<!-- agabop mode="main" last-style="textf" -->
<TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0 WIDTH="100%">
 <TR STYLE="FONT-SIZE:1PX">
 <TD WIDTH="100%" VALIGN=TOP>
 <P>&nbsp;</P>
 </TD>
 </TR>
 <TR>
 <TD VALIGN=TOP>
 <P><FONT SIZE=1>E L L S W O R T H&nbsp;&nbsp;&nbsp;F U N D&nbsp;&nbsp;
 L T D .&nbsp;&nbsp;2 0 1 3&nbsp;&nbsp; S E M I - A N N U A L&nbsp;&nbsp; R E P O R T &nbsp;&nbsp;T O &nbsp;&nbsp;S H A R E H O L D E R S</FONT></P>
 </TD>
 </TR>
 <TR>
 <TD VALIGN=TOP BGCOLOR="#e6e6e6">
 <P><FONT SIZE=1>&nbsp;</FONT></P>
 </TD>
 </TR>
 <TR>
 <TD VALIGN=TOP><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="6">Notes to Financial Statements
</FONT><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="4"><I>(continued)</I></FONT></DIV></P>
 </TD>
 </TR>
</TABLE>
<P ALIGN="LEFT"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><B>NOTE 1&nbsp;&#150;&nbsp;ORGANIZATION AND SIGNIFICANT
ACCOUNTING POLICIES <I>(continued)</I></B></FONT></DIV></P>
<P ALIGN="JUSTIFY"><DIV ALIGN="JUSTIFY"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">The differences between book-basis and tax-basis unrealized
appreciation/(depreciation) is attributable to differing methods of recognizing interest and ordinary income on bonds and notes for tax
purposes.</FONT></DIV></P>
<P ALIGN="JUSTIFY"><DIV ALIGN="JUSTIFY"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><B>(g) Use of Estimates</B>&nbsp;&#150;&nbsp;The
preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of
assets and liabilities at the date of the financial statements, and the reported amounts of revenue and expenses during the reporting period. Actual
results could differ from those estimates.</FONT></DIV></P>
<P ALIGN="JUSTIFY"><DIV ALIGN="JUSTIFY"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><B>(h) Market Risk</B>&nbsp;&#150;&nbsp;It is the
Fund&#146;s policy to invest at least 65% of its assets in convertible securities. Although convertible securities do derive part of their value from
that of the securities into which they are convertible, they are not considered derivative financial instruments. However, the Fund&#146;s mandatory
convertible securities include features which render them more sensitive to price changes of their underlying securities. Thus, they expose the Fund to
greater downside risk than traditional convertible securities but generally less than that of the underlying common stock. The market value of those
securities was $11,907,232 at March 31, 2013, representing approximately 9.9% of net assets.</FONT></DIV></P>
<P ALIGN="LEFT"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><B>NOTE 2&nbsp;&#150;&nbsp;MANAGEMENT FEE AND OTHER TRANSACTIONS
WITH AFFILIATES</B></FONT></DIV></P>
<P ALIGN="JUSTIFY"><DIV ALIGN="JUSTIFY"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">The Fund has entered into an investment advisory agreement
with Dinsmore Capital Management Co. (&#147;Dinsmore Capital&#148;). Pursuant to the investment advisory agreement, Dinsmore Capital provides the Fund
with investment advice, office space and facilities. Under the terms of the investment advisory agreement, the Fund pays Dinsmore Capital on the last
day of each month an advisory fee for such month computed at an annual rate of 0.75% of the first $100,000,000 and 0.50% of the excess over
$100,000,000 of the Fund&#146;s net asset value in such month.</FONT></DIV></P>
<P ALIGN="JUSTIFY"><DIV ALIGN="JUSTIFY"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">The Fund, pursuant to an administrative services agreement
with Dinsmore Capital, has agreed to pay Dinsmore Capital for certain accounting and other administrative services provided to the Fund. Under the
administrative services agreement, the Fund pays Dinsmore Capital on the last day of each month a fee for such month computed at an annual rate of
0.05% of the Fund&#146;s net asset value in such month.</FONT></DIV></P>
<P ALIGN="JUSTIFY"><DIV ALIGN="JUSTIFY"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">Certain officers and trustees of the Fund are officers and
directors of Dinsmore Capital.</FONT></DIV></P>
<P ALIGN="LEFT"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><B>NOTE 3&nbsp;&#150;&nbsp;PORTFOLIO
ACTIVITY</B></FONT></DIV></P>
<P ALIGN="JUSTIFY"><DIV ALIGN="JUSTIFY"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">At March 31, 2013, there were 13,507,882 shares of
beneficial interest outstanding, with a par value of $0.01 per share. During the six months ended March 31, 2013, 54,105 shares were issued in
connection with reinvestment of dividends from net investment income, resulting in an increase in paid-in capital of $373,862.</FONT></DIV></P>
<P ALIGN="JUSTIFY"><DIV ALIGN="JUSTIFY"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">Purchases and sales of investments, exclusive of corporate
short-term notes, aggregated $26,400,897 and $26,355,599, respectively, for the six months ended March 31, 2013.</FONT></DIV></P>
<P ALIGN="LEFT"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><B>NOTE 4&nbsp;&#150;&nbsp;SUBSEQUENT EVENTS</B></FONT></DIV></P>
<P ALIGN="JUSTIFY"><DIV ALIGN="JUSTIFY"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">In preparing the financial statements as of March 31, 2013,
management considered the impact of subsequent events for potential recognition or disclosure in these financial statements.</FONT></DIV></P>
<!-- agabop mode="ep" last-style="textf" -->
<P ALIGN="CENTER"><DIV ALIGN="CENTER"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><B><I>-&nbsp;15&nbsp;-<BR></I></B></FONT></DIV></P>
<HR NOSHADE SIZE="5">
<!-- END DIVISION: DIV_report PAGE POSITION: 18 -->
<PAGE>
<BR>
<TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0 WIDTH="100%">
 <TR STYLE="FONT-SIZE:1PX">
 <TD WIDTH="100%" VALIGN=TOP>
 <P>&nbsp;</P>
 </TD>
 </TR>
 <TR>
 <TD VALIGN=TOP>
 <P><FONT SIZE=1>E L L S W O R T H&nbsp;&nbsp;&nbsp;F U N D&nbsp;&nbsp;
 L T D .&nbsp;&nbsp;2 0 1 3&nbsp;&nbsp; S E M I - A N N U A L&nbsp;&nbsp; R E P O R T &nbsp;&nbsp;T O &nbsp;&nbsp;S H A R E H O L D E R S</FONT></P>
 </TD>
 </TR>
 <TR>
 <TD VALIGN=TOP BGCOLOR="#e6e6e6">
 <P><FONT SIZE=1>&nbsp;</FONT></P>
 </TD>
 </TR>
 <TR>
 <TD VALIGN=TOP><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="6">Board Approval of Advisory Contract</FONT></DIV></P>
 </TD>
 </TR>
</TABLE>
<P ALIGN="JUSTIFY"><DIV ALIGN="JUSTIFY"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><I>The independent trustees of the Fund renewed the
advisory contract with Dinsmore Capital Management Co. in November 2012. The following are the material factors and conclusions that formed the basis
for that approval.</I></FONT></DIV></P>
<P ALIGN="JUSTIFY"><DIV ALIGN="JUSTIFY"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><HR SIZE="1" NOSHADE COLOR="#000000"></FONT></DIV></P>
<P ALIGN="JUSTIFY"><DIV ALIGN="JUSTIFY"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><B>The nature and extent of the advisory services provided
by Dinsmore Capital -</B> The Board of Trustees (the &#147;Board&#148;) of the Fund and the independent trustees reviewed the services to be provided
by Dinsmore Capital under the Advisory Agreement. The Board noted that under the Advisory Agreement, Dinsmore Capital would supervise all aspects of
the Fund&#146;s operations including the investment and reinvestment of cash, securities or other properties comprising the Fund&#146;s assets. In this
regard, the Board noted that under the Advisory Agreement Dinsmore Capital is responsible to, among other things, (a) supervise all aspects of the
operations of the Fund; (b) obtain and evaluate pertinent information about significant developments and economic, statistical and financial data,
domestic, foreign or otherwise, whether affecting the economy generally or any industry or the Fund or any issuer of securities held or to be purchased
by the Fund; (c) determine which issuers and securities will be represented in the Fund&#146;s investment portfolio and regularly report thereon to the
Board; (d) place orders for the purchase and sale of securities for the Fund; (e) take all appropriate actions regarding mergers, consolidations,
elections, conversions, exchanges, etc. in connection with portfolio securities; and (f) take, on behalf of the Fund, such other action as Dinsmore
Capital deems to be necessary or appropriate in connection with the above. Based on such review, both the Board and the independent trustees concluded
that the range of services to be provided by Dinsmore Capital under the Advisory Agreement was appropriate and that Dinsmore Capital currently has been
providing services in accordance with the terms of the Advisory Agreement.</FONT></DIV></P>
<P ALIGN="JUSTIFY"><DIV ALIGN="JUSTIFY"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><B>The quality of services provided by Dinsmore Capital
-</B> In reviewing the qualifications of Dinsmore Capital to provide investment advisory services, both the Board and the independent trustees reviewed
the credentials and experience of Dinsmore Capital&#146;s investment personnel who will provide investment advisory services to the Fund, and
considered Dinsmore Capital&#146;s (i) portfolio and product review process, particularly its adherence to the Fund&#146;s investment mandate, (ii)
compliance function and its culture of compliance, (iii) use of technology, including the use, from time to time, of internet links to issuer
interviews, webinars and conferences, (iv) investment research operations (which involves meetings with issuers and analysts, attendance at investment
seminars and visits to issuers, and the review of: (a) financial websites, newspapers, industry literature, publications and periodicals, (b) research
materials prepared by others, (c) issuer annual reports and prospectuses, and (d) issuer websites which include press releases and presentations) and
trading operations (which involves computerized execution of orders), and (v) focus on providing high quality services while keeping the Fund&#146;s
fees and expenses as low as possible. The Board and the independent trustees also took into consideration the presentations made by Dinsmore Capital at
prior Board meetings pertaining to its management of the Fund. Based on the review of these and other factors, both the Board and the independent
trustees determined and concluded that the quality of services provided by Dinsmore Capital has been exemplary, that Dinsmore Capital currently is
providing services to the Fund in accordance with the terms of the Advisory Agreement, and that the independent trustees were confident that such
services would continue in a similar fashion in 2013.</FONT></DIV></P>
<P ALIGN="JUSTIFY"><DIV ALIGN="JUSTIFY"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><B>The performance of the Fund relative to comparable funds
-</B> Both the Board and the independent trustees reviewed the performance of the Fund (at net asset value) during the past one, three, five and ten
years ended August 31, 2012 against the performance of other closed-end and open-end funds investing in convertible securities and believed by
management to be in the Fund&#146;s peer group. Mr. Dinsmore pointed out that some funds against which the Fund compared itself were of such a large
size that they were required to make some investments in non-convertible securities (because of the limited size of the convertible securities market),
which meant, in turn, that the comparison of such funds to the Fund was not perfect. Both the Board and the independent trustees noted that the
Fund&#146;s performance was superior to the Advent Claymore Convertibles Securities Fund, one of the two most similar peer funds, for the one- and
five-year periods, while the Fund underperformed this fund for the three-year period. The Board and the independent trustees noted that
the</FONT></DIV></P>
<!-- agabop mode="ep" last-style="textf" -->
<P ALIGN="CENTER"><DIV ALIGN="CENTER"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><B><I>-&nbsp;16&nbsp;-<BR></I></B></FONT></DIV></P>
<HR NOSHADE SIZE="5">
<!-- END DIVISION: DIV_report PAGE POSITION: 19 -->
<PAGE>
<BR>
<!-- BEGIN DIVISION: DIV_report PAGE POSITION: 20 -->
<!-- agabop mode="main" last-style="textf" -->
<TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0 WIDTH="100%">
 <TR STYLE="FONT-SIZE:1PX">
 <TD WIDTH="100%" VALIGN=TOP>
 <P>&nbsp;</P>
 </TD>
 </TR>
 <TR>
 <TD VALIGN=TOP>
 <P><FONT SIZE=1>E L L S W O R T H&nbsp;&nbsp;&nbsp;F U N D&nbsp;&nbsp;
 L T D .&nbsp;&nbsp;2 0 1 3&nbsp;&nbsp; S E M I - A N N U A L&nbsp;&nbsp; R E P O R T &nbsp;&nbsp;T O &nbsp;&nbsp;S H A R E H O L D E R S</FONT></P>
 </TD>
 </TR>
 <TR>
 <TD VALIGN=TOP BGCOLOR="#e6e6e6">
 <P><FONT SIZE=1>&nbsp;</FONT></P>
 </TD>
 </TR>
 <TR>
 <TD VALIGN=TOP><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="6">Board Approval of Advisory Contract
</FONT><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="4"><I>(continued)</I></FONT></DIV></P>
 </TD>
 </TR>
</TABLE>
<P ALIGN="JUSTIFY"><DIV ALIGN="JUSTIFY"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">Fund&#146;s performance was superior to that of the Gabelli
Convertible &amp; Income Fund, the other of the two most similar peer funds, for the three-, five-, and ten-year periods, while underperforming
relative to this fund for the one-year period. The Fund&#146;s performance exceeded the mean of 75 open-end convertible funds tracked by Lipper, Inc.
for the one-year and three-year periods, but was lower than the mean for the five-year and ten years periods. However, in evaluating the Fund&#146;s
performance against funds in this group, the Board and the independent trustees took into account the fact the closed-end fund competitors engage in
leverage, which has increased their returns, but has done so with increased risk of loss. Because of this increased risk of loss, the Fund has
traditionally not engaged in leverage. The Board and the independent trustees also noted that the portfolio manager&#146;s investment approach is to
make equity investments utilizing convertible securities to provide a total return similar to that of equity securities, but with lower volatility and
higher income. Accordingly, the Board and the independent trustees concluded that performance of the Fund was satisfactory.</FONT></DIV></P>
<P ALIGN="JUSTIFY"><DIV ALIGN="JUSTIFY"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><B>The performance of the Fund relative to indices -</B>
Both the Board and the independent trustees reviewed the performance of the Fund (at net asset value) during the past one, three, five and ten years
ended August 31, 2012 against the performance of the Bank of America Merrill Lynch All Convertibles Index (&#147;VXA0&#148;), the Bank of America
Merrill Lynch Investment Grade Convertibles Index (&#147;VXA1&#148;), and the S&amp;P 500&#174; Index. The Board and the independent trustees noted
that the Fund&#146;s performance was superior to that of the VXA0 for the one-, three-, and five-year periods, while the Fund underperformed for the
ten-year period. In addition, the Fund&#146;s performance was superior to that of the S&amp;P 500&#174; Index for the five- and ten-year periods.
However, the Fund underperformed the S&amp;P 500&#174; Index for the one- and three-year periods. The Fund&#146;s standard deviation was less than that
of the S&amp;P 500&#174; Index for the relevant time periods. Based on this review and taking into account all of the other factors that the Board and
the independent trustees considered in determining whether to renew the Advisory Agreement, the Board and the independent trustees concluded that
performance was satisfactory.</FONT></DIV></P>
<P ALIGN="JUSTIFY"><DIV ALIGN="JUSTIFY"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><B>Meetings with the Fund&#146;s portfolio manager and
investment personnel -</B> Both the Board and the independent trustees noted that they meet regularly with the Fund&#146;s portfolio manager and
investment personnel, and believe that such individuals are extremely competent and able to carry out their responsibilities under the Advisory
Agreement. Moreover, the Board noted with approval the increased portfolio management responsibilities being shared with newer members of Dinsmore
Capital.</FONT></DIV></P>
<P ALIGN="JUSTIFY"><DIV ALIGN="JUSTIFY"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><B>Overall performance of Dinsmore Capital -</B> After
considering the overall performance of Dinsmore Capital in providing investment advisory and administrative services to the Fund, both the Board and
the independent trustees concluded that such performance was satisfactory.</FONT></DIV></P>
<P ALIGN="JUSTIFY"><DIV ALIGN="JUSTIFY"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><B>Fees relative to those of clients of Dinsmore Capital
with comparable investment strategies -</B> Both the Board and the independent trustees noted that the Fund and Bancroft Fund Ltd. (the
&#147;Funds&#148;) are the only clients of Dinsmore Capital, and that the advisory fee rates for the Funds are the same. Both the Board and the
independent trustees concluded that, because the fee rates are the same for both Funds, the current advisory fee rate of the Fund was fair as compared
to the rate for Bancroft Fund Ltd.</FONT></DIV></P>
<P ALIGN="JUSTIFY"><DIV ALIGN="JUSTIFY"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><B>Fees relative to those of comparable funds with other
advisors -</B> After reviewing the advisory fee rate and expense ratio for the Fund against the advisory fee rates and expense ratios for funds advised
by other advisors in the Fund&#146;s comparison group, both the Board and the independent trustees determined that the Fund&#146;s expense ratio was
lower than that of the other funds in the comparison group. Accordingly, the Board concluded that the current advisory fee rate and other Fund fees and
costs were fair and reasonable.</FONT></DIV></P>
<!-- agabop mode="ep" last-style="textf" -->
<P ALIGN="CENTER"><DIV ALIGN="CENTER"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><B><I>-&nbsp;17&nbsp;-<BR></I></B></FONT></DIV></P>
<HR NOSHADE SIZE="5">
<!-- END DIVISION: DIV_report PAGE POSITION: 20 -->
<PAGE>
<BR>
<!-- BEGIN DIVISION: DIV_report PAGE POSITION: 21 -->
<!-- agabop mode="main" last-style="textf" -->
<TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0 WIDTH="100%">
 <TR STYLE="FONT-SIZE:1PX">
 <TD WIDTH="100%" VALIGN=TOP>
 <P>&nbsp;</P>
 </TD>
 </TR>
 <TR>
 <TD VALIGN=TOP>
 <P><FONT SIZE=1>E L L S W O R T H&nbsp;&nbsp;&nbsp;F U N D&nbsp;&nbsp;
 L T D .&nbsp;&nbsp;2 0 1 3&nbsp;&nbsp; S E M I - A N N U A L&nbsp;&nbsp; R E P O R T &nbsp;&nbsp;T O &nbsp;&nbsp;S H A R E H O L D E R S</FONT></P>
 </TD>
 </TR>
 <TR>
 <TD VALIGN=TOP BGCOLOR="#e6e6e6">
 <P><FONT SIZE=1>&nbsp;</FONT></P>
 </TD>
 </TR>
 <TR>
 <TD VALIGN=TOP><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="6">Board Approval of Advisory Contract
</FONT><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="4"><I>(continued)</I></FONT></DIV></P>
 </TD>
 </TR>
</TABLE>
<P ALIGN="JUSTIFY"><DIV ALIGN="JUSTIFY"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><B>Expense limitations and fee waivers -</B> Both the Board
and the independent trustees noted that, although there are no contractual expense limitations or fee waivers in effect for the Fund, Dinsmore Capital
is very diligent in its efforts to keep expenses of the Fund as low as possible. The independent trustees also noted that the cost of compliance with
regulatory initiatives was increasing. Both the Board and the independent trustees concluded that the current level of expenses for the Fund was fair
and reasonable.</FONT></DIV></P>
<P ALIGN="JUSTIFY"><DIV ALIGN="JUSTIFY"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><B>Breakpoints and economies of scale -</B> Both the Board
and the independent trustees reviewed the structure of the Fund&#146;s advisory fee under the Advisory Agreement, and noted that the fee includes one
breakpoint when the Fund&#146;s assets reach $100 million. Both the Board and the independent trustees noted that the Fund&#146;s assets were above the
$100 million breakpoint. Both the Board and the independent trustees concluded that the Fund&#146;s fee levels under the Advisory Agreement, therefore,
reflect economies of scale and that it was not necessary to implement any further changes to the structure of the advisory fee for the
Fund.</FONT></DIV></P>
<P ALIGN="JUSTIFY"><DIV ALIGN="JUSTIFY"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><B>Profitability of Dinsmore Capital&nbsp;-&nbsp;</B>Both
the Board and the independent trustees reviewed information concerning the profitability and financial condition of Dinsmore Capital. In particular,
the Board reviewed Dinsmore Capital&#146;s financial statements including its statement of income and retained earnings, statement of cash flows, and
audited balance sheet. The Board also reviewed Dinsmore Capital&#146;s costs in providing services to the Funds. The Board noted that currently
Dinsmore Capital&#146;s sole source of revenue was fees from the Funds for providing advisory and administrative services to the Funds. The Board and
the independent trustees noted that Dinsmore Capital&#146;s operations were at approximately break even during its most recent four fiscal years,
despite the severe market downturn. Some independent trustees expressed concern about whether Dinsmore Capital would be able to maintain its high level
of services to the Funds unless it was able to increase assets under management in future years. As a result, the independent trustees reiterated their
prior advice that Dinsmore Capital increase its efforts to grow its assets under management. Based on the review of the profitability of Dinsmore
Capital and its financial condition, both the Board and the independent trustees concluded that the compensation to be paid by the Fund to Dinsmore
Capital under the Advisory Agreement was not excessive.</FONT></DIV></P>
<P ALIGN="JUSTIFY"><DIV ALIGN="JUSTIFY"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><B>Dinsmore Capital&#146;s financial soundness in light of
the Fund&#146;s needs&nbsp;-&nbsp;</B>Both the Board and the independent trustees considered whether Dinsmore Capital is financially sound and has the
resources necessary to perform its obligations under the Advisory Agreement, and concluded that it does.</FONT></DIV></P>
<P ALIGN="JUSTIFY"><DIV ALIGN="JUSTIFY"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><B>Benefits of soft dollars to Dinsmore
Capital&nbsp;-&nbsp;</B>Both the Board and the independent trustees discussed the fact that there are no third-party soft dollar arrangements in effect
with respect to the Fund. Both the Board and the independent trustees recognized that Dinsmore Capital does receive proprietary research from brokers
with whom it executes portfolio transactions on behalf of the Fund. This research is used by Dinsmore Capital in making investment decisions for the
Fund. Both the Board and the independent trustees also considered representations made by Dinsmore Capital that portfolio transactions received best
execution. Because such research ultimately benefits the Fund, the Board and the independent trustees concluded that it was appropriate to receive
proprietary research.</FONT></DIV></P>
<P ALIGN="JUSTIFY"><DIV ALIGN="JUSTIFY"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><B>Historical relationship between the Fund and Dinsmore
Capital&nbsp;-&nbsp;</B>In determining whether to continue the Advisory Agreement for the Fund, both the Board and the independent trustees also
considered the prior relationship among Dinsmore Capital and the Fund, as well as the independent trustees&#146; knowledge of Dinsmore Capital&#146;s
operations, and concluded that it was beneficial to maintain the current relationship, in part, because of such knowledge. Both the Board and the
independent trustees also reviewed the general nature of the non-investment advisory services currently performed by Dinsmore Capital, such as
administrative services, and the</FONT></DIV></P>
<!-- agabop mode="ep" last-style="textf" -->
<P ALIGN="CENTER"><DIV ALIGN="CENTER"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><B><I>-&nbsp;18&nbsp;-<BR></I></B></FONT></DIV></P>
<HR NOSHADE SIZE="5">
<!-- END DIVISION: DIV_report PAGE POSITION: 21 -->
<PAGE>
<BR>
<!-- BEGIN DIVISION: DIV_report PAGE POSITION: 22 -->
<!-- agabop mode="main" last-style="textf" -->
<TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0 WIDTH="100%">
 <TR STYLE="FONT-SIZE:1PX">
 <TD WIDTH="100%" VALIGN=TOP>
 <P>&nbsp;</P>
 </TD>
 </TR>
 <TR>
 <TD VALIGN=TOP>
 <P><FONT SIZE=1>E L L S W O R T H&nbsp;&nbsp;&nbsp;F U N D&nbsp;&nbsp;
 L T D .&nbsp;&nbsp;2 0 1 3&nbsp;&nbsp; S E M I - A N N U A L&nbsp;&nbsp; R E P O R T &nbsp;&nbsp;T O &nbsp;&nbsp;S H A R E H O L D E R S</FONT></P>
 </TD>
 </TR>
 <TR>
 <TD VALIGN=TOP BGCOLOR="#e6e6e6">
 <P><FONT SIZE=1>&nbsp;</FONT></P>
 </TD>
 </TR>
 <TR>
 <TD VALIGN=TOP><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="6">Board Approval of Advisory Contract
</FONT><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="4"><I>(continued)</I></FONT></DIV></P>
 </TD>
 </TR>
</TABLE>
<P ALIGN="JUSTIFY"><DIV ALIGN="JUSTIFY"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">fees received by Dinsmore Capital for performing such
services. In addition to reviewing such services, both the Board and the independent trustees also considered the organizational structure employed by
Dinsmore Capital to provide those services. Based on the review of these and other factors, both the Board and the independent trustees concluded that
Dinsmore Capital was qualified to provide non-investment advisory services to the Fund, including administrative services, and that Dinsmore Capital
currently is providing satisfactory non-investment advisory services to the Fund.</FONT></DIV></P>
<P ALIGN="JUSTIFY"><DIV ALIGN="JUSTIFY"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><B>Other factors and current trends&nbsp;-&nbsp;</B>Both
the Board and the independent trustees considered the culture of compliance and high ethical standards at Dinsmore Capital, and the efforts
historically and currently undertaken by Dinsmore Capital to engage in best practices. Both the Board and the independent trustees noted Dinsmore
Capital&#146;s historical adherence to compliance procedures, as well as the Fund&#146;s investment objectives, policies and restrictions. Both the
Board and the independent trustees concluded that this commitment to adhere to the highest ethical standards was an important factor in their
determination that they should approve the continuance of the Advisory Agreement for the Fund.</FONT></DIV></P>
<P ALIGN="JUSTIFY"><DIV ALIGN="JUSTIFY"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><HR SIZE="1" NOSHADE COLOR="#000000"></FONT></DIV></P>
<P ALIGN="JUSTIFY"><DIV ALIGN="JUSTIFY"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">After considering all of the above factors and based on
informed business judgment, the Board determined that the Advisory Agreement is in the best interests of the Fund and its shareholders and that the
compensation to Dinsmore Capital under the Advisory Agreement is fair and reasonable. As a result, the Board concluded to renew the Advisory Agreement
for an additional year.</FONT></DIV></P>
<!-- agabop mode="ep" last-style="textf" -->
<P ALIGN="CENTER"><DIV ALIGN="CENTER"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><B><I>-&nbsp;19&nbsp;-<BR></I></B></FONT></DIV></P>
<HR NOSHADE SIZE="5">
<!-- END DIVISION: DIV_report PAGE POSITION: 22 -->
<PAGE>
<BR>
<!-- BEGIN DIVISION: DIV_report PAGE POSITION: 23 -->
<!-- agabop mode="main" last-style="textf" -->
<TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0 WIDTH="100%">
 <TR STYLE="FONT-SIZE:1PX">
 <TD WIDTH="100%" VALIGN=TOP>
 <P>&nbsp;</P>
 </TD>
 </TR>
 <TR>
 <TD VALIGN=TOP>
 <P><FONT SIZE=1>E L L S W O R T H&nbsp;&nbsp;&nbsp;F U N D&nbsp;&nbsp;
 L T D .&nbsp;&nbsp;2 0 1 3&nbsp;&nbsp; S E M I - A N N U A L&nbsp;&nbsp; R E P O R T &nbsp;&nbsp;T O &nbsp;&nbsp;S H A R E H O L D E R S</FONT></P>
 </TD>
 </TR>
 <TR>
 <TD VALIGN=TOP BGCOLOR="#e6e6e6">
 <P><FONT SIZE=1>&nbsp;</FONT></P>
 </TD>
 </TR>
 <TR>
 <TD VALIGN=TOP><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="6">Miscellaneous Notes</FONT></DIV></P>
 </TD>
 </TR>
</TABLE>
<P ALIGN="LEFT"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><B>Results of the 2013 Annual Shareholders
Meeting</B></FONT></DIV></P>
<P ALIGN="JUSTIFY"><DIV ALIGN="JUSTIFY"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">The Annual Meeting of Shareholders of the Fund was held on
January 18, 2013. The results of the shareholder vote were:</FONT></DIV></P>


<TABLE CELLPADDING="0" CELLSPACING="0" BORDER="0" WIDTH="100%">
<TR VALIGN="TOP">
     <TD WIDTH="17px" ALIGN="LEFT" nowrap><DIV ><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">1.</FONT></DIV></TD>
     <TD WIDTH="3px" ALIGN="LEFT">&nbsp;</TD>
     <TD WIDTH="100%" ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">All persons nominated were elected.</FONT></TD>
</TR>
</TABLE>
<BR>
<DIV STYLE="Margin-Left: 17px">
<P ALIGN="JUSTIFY"><DIV ALIGN="JUSTIFY"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"></FONT></DIV></P>
<TABLE ALIGN="" CELLPADDING="0" CELLSPACING="0" BORDER="0" WIDTH="70%">
<TR VALIGN="BOTTOM">
     <TD WIDTH="50%" nowrap ALIGN="LEFT" ><FONT STYLE="font: x-small TIMES NEW ROMAN, TIMES, SERIF"><B>Terms expiring in 2016<HR
     SIZE=1 NOSHADE COLOR="#000000"
ALIGN="LEFT" ></B></FONT></TH>
     <TD><FONT STYLE="font: xx-small TIMES NEW ROMAN, TIMES, SERIF"><B>&nbsp;</B></FONT></TD>
     <TD><FONT STYLE="font: xx-small TIMES NEW ROMAN, TIMES, SERIF"><B>&nbsp;</B></FONT></TD>
     <TD><FONT STYLE="font: xx-small TIMES NEW ROMAN, TIMES, SERIF"><B>&nbsp;&nbsp;&nbsp;</B></FONT></TD>
     <TD COLSPAN="3" nowrap ALIGN="CENTER"><FONT STYLE="font: x-small TIMES NEW ROMAN, TIMES, SERIF"><B>Shares voted for<HR SIZE=1
     NOSHADE COLOR="#000000"
ALIGN="CENTER"></B></FONT></TD>
     <TD ALIGN="CENTER"><FONT STYLE="font: xx-small TIMES NEW ROMAN, TIMES, SERIF"><B>&nbsp;&nbsp;&nbsp;</B></FONT></TD>
     <TD COLSPAN="3" nowrap ALIGN="CENTER"><FONT STYLE="font: x-small TIMES NEW ROMAN, TIMES, SERIF"><B>Shares withheld<HR SIZE=1
     NOSHADE COLOR="#000000"
ALIGN="CENTER"></B></FONT></TD>
</TR>
<TR VALIGN="BOTTOM" BGCOLOR="#FOF8FF">
     <TD ALIGN="LEFT" WIDTH="50%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 10px; TEXT-INDENT:
-10px">Elizabeth C. Bogan Ph.D.</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">11,092,999</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">783,627</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT" WIDTH="50%"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><DIV STYLE="MARGIN-LEFT: 10px; TEXT-INDENT:
-10px">Nicolas W. Platt</DIV></FONT></DIV></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">11,070,986</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH=3%>&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH=5% ALIGN="RIGHT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">805,640</FONT></TD>
     <TD WIDTH=5% ALIGN="LEFT" nowrap><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;</FONT></TD>
</TABLE>
</DIV>
&nbsp;<BR>
<TABLE CELLPADDING="0" CELLSPACING="0" BORDER="0" WIDTH="100%">
<TR VALIGN="TOP">
     <TD WIDTH="17px" ALIGN="LEFT" nowrap><DIV ><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">2.</FONT></DIV></TD>
     <TD WIDTH="3px" ALIGN="LEFT">&nbsp;</TD>
     <TD WIDTH="100%" ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">The Audit Committee&#146;s appointment of Tait, Weller &amp;
Baker LLP as independent registered public accountants was ratified, as 11,191,848 shares voted for, 634,672 shares voted against and 50,106 shares
abstained.</FONT></TD>
</TR>
</TABLE>
<BR>
<P ALIGN="JUSTIFY"><DIV ALIGN="JUSTIFY"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><HR SIZE="1" NOSHADE COLOR="#000000"></FONT></DIV></P>
<P ALIGN="LEFT"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><B>Notice of Privacy Policy</B></FONT></DIV></P>
<P ALIGN="JUSTIFY"><DIV ALIGN="JUSTIFY"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">The Fund has adopted a privacy policy in order to protect
the confidentiality of nonpublic personal information that we have about our shareholders. We receive personal information, such as the name, address
and account balances of our shareholders, when transactions occur in Fund shares registered in their name.</FONT></DIV></P>
<P ALIGN="JUSTIFY"><DIV ALIGN="JUSTIFY"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">We may disclose this information to companies that perform
services for the Fund, such as the Fund&#146;s transfer agent or proxy solicitors. These companies may only use this information in connection with the
services they provide to the Fund, and not for any other purpose. We will not otherwise disclose any nonpublic personal information about our
shareholders or former shareholders to anyone else, except as required by law.</FONT></DIV></P>
<P ALIGN="JUSTIFY"><DIV ALIGN="JUSTIFY"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">Access to nonpublic information about our shareholders is
restricted to our employees and service providers who need that information in order to provide services to them. We maintain physical, electronic and
procedural safeguards that comply with federal standards to guard nonpublic personal information.</FONT></DIV></P>
<P ALIGN="JUSTIFY"><DIV ALIGN="JUSTIFY"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><HR SIZE="1" NOSHADE COLOR="#000000"></FONT></DIV></P>
<P ALIGN="LEFT"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><B>For More Information About Portfolio
Holdings</B></FONT></DIV></P>
<P ALIGN="JUSTIFY"><DIV ALIGN="JUSTIFY"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">In addition to the annual and semi-annual reports that
Ellsworth delivers to shareholders and makes available through the Fund&#146;s public website, the Fund files a complete schedule of portfolio holdings
with the Securities and Exchange Commission (SEC) for the Fund&#146;s first and third fiscal quarters on Form N-Q. Ellsworth does not deliver the
schedule of portfolio holdings for the first and third fiscal quarters to shareholders, however, the schedules are available without charge, upon
request, by calling (800) 914-1177 or at the Fund&#146;s public website, www.ellsworthfund.com. You may obtain the Form N-Q filings by accessing the
SEC&#146;s website at www.sec.gov. You may also review and copy them at the SEC&#146;s Public Reference Room in Washington, DC. Information on the
operation of the SEC&#146;s Public Reference Room may be obtained by calling the SEC at (800) SEC-0330.</FONT></DIV></P>
<P ALIGN="JUSTIFY"><DIV ALIGN="JUSTIFY"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><HR SIZE="1" NOSHADE COLOR="#000000"></FONT></DIV></P>
<P ALIGN="LEFT"><DIV ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><B>Proxy Voting Policies and Procedures / Proxy Voting
Record</B></FONT></DIV></P>
<P ALIGN="JUSTIFY"><DIV ALIGN="JUSTIFY"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">The Fund&#146;s policies and procedures with respect to the
voting of proxies relating to the Fund&#146;s portfolio securities is available without charge, upon request, by calling (800) 914-1177, or at the
Fund&#146;s website at www.ellsworthfund.com. This information is also available on the SEC&#146;s website at www.sec.gov. In addition, information on
how the Fund voted such proxies relating to portfolio securities during the most recent twelve-month period ended June 30, is available without charge
at the above sources.</FONT></DIV></P>
<P ALIGN="JUSTIFY"><DIV ALIGN="JUSTIFY"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><HR SIZE="1" NOSHADE COLOR="#000000"></FONT></DIV></P>
<P ALIGN="JUSTIFY"><DIV ALIGN="JUSTIFY"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">The Fund is a member of the Closed-End Fund Association
(CEFA), a non-profit national trade association (www.cefa.com). Thomas H. Dinsmore, Chairman and Chief Executive Officer of the Fund, is on its
executive board.</FONT></DIV></P>
<P ALIGN="JUSTIFY"><DIV ALIGN="JUSTIFY"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><HR SIZE="1" NOSHADE COLOR="#000000"></FONT></DIV></P>
<P ALIGN="JUSTIFY"><DIV ALIGN="JUSTIFY"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">Pursuant to Section 23 of the Investment Company Act of
1940, notice is hereby given that the Fund may in the future purchase beneficial shares of the Fund from time to time, at such times, and in such
amounts, as may be deemed advantageous to the Fund. Nothing herein shall be considered a commitment to purchase such shares.</FONT></DIV></P>
<!-- agabop mode="ep" last-style="textf" -->
<P ALIGN="CENTER"><DIV ALIGN="CENTER"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2"><B><I>-&nbsp;20&nbsp;-<BR></I></B></FONT></DIV></P>
<HR NOSHADE SIZE="5">
<!-- END DIVISION: DIV_report PAGE POSITION: 23 -->
<PAGE>
<BR>
<!-- BEGIN DIVISION: DIV_report PAGE POSITION: 24 -->
<!-- agabop mode="main" last-style="textf" -->
<P ALIGN="LEFT"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;</FONT></P>

<TABLE style="font-size:10pt" cellspacing=0 width=100%>
<TR height=0 style="font-size:0"><TD NOWRAP STYLE="width: 45%"></TD><TD NOWRAP STYLE="width: 10%"></TD><TD NOWRAP STYLE="width: 45%"></TD></TR>
<TR><TD NOWRAP STYLE="vertical-align: bottom; width: 45%"><P style="margin:0px"><B><I>Board of Trustees</I></B></P>
</TD><TD NOWRAP STYLE="vertical-align: bottom; width: 10%"><P>&nbsp;</P></TD><TD NOWRAP STYLE="vertical-align: bottom; width: 45%"><P style="margin:0px"><B><I>Internet</I></B></P>
</TD></TR>
<TR><TD NOWRAP STYLE="vertical-align: bottom; width: 45%"><P style="line-height:normal; margin:0px">K<FONT style="font-size:8pt">INCHEN </FONT>C. B<FONT style="font-size:8pt">IZZELL, CFA</FONT></P>
</TD><TD NOWRAP STYLE="vertical-align: bottom; width: 10%"><P>&nbsp;</P></TD><TD NOWRAP STYLE="vertical-align: bottom; width: 45%"><P style="margin:0px">www.ellsworthfund.com</P>
</TD></TR>
<TR><TD NOWRAP STYLE="vertical-align: bottom; width: 45%"><P style="line-height:normal; margin:0px">E<FONT style="font-size:8pt">LIZABETH </FONT>C. B<FONT style="font-size:8pt">OGAN, Ph.D.</FONT></P>
</TD><TD NOWRAP STYLE="vertical-align: bottom; width: 10%"><P>&nbsp;</P></TD><TD NOWRAP STYLE="vertical-align: bottom; width: 45%"><P style="margin:0px">email: info@ellsworthfund.com</P>
</TD></TR>
<TR><TD NOWRAP STYLE="vertical-align: bottom; width: 45%"><P style="line-height:normal; margin:0px">T<FONT style="font-size:8pt">HOMAS </FONT>H. D<FONT style="font-size:8pt">INSMORE, CFA</FONT></P>
</TD><TD NOWRAP STYLE="vertical-align: bottom; width: 10%"><P>&nbsp;</P></TD><TD NOWRAP STYLE="vertical-align: bottom; width: 45%"><P>&nbsp;</P></TD></TR>
<TR><TD NOWRAP STYLE="vertical-align: bottom; width: 45%"><P style="line-height:normal; margin:0px">D<FONT style="font-size:8pt">ANIEL </FONT>D. H<FONT style="font-size:8pt">ARDING, CFA</FONT></P>
</TD><TD NOWRAP STYLE="vertical-align: bottom; width: 10%"><P>&nbsp;</P></TD><TD NOWRAP STYLE="vertical-align: bottom; width: 45%"><P style="margin:0px"><B><I>Shareholder Services and Transfer Agent</I></B></P>
</TD></TR>
<TR><TD NOWRAP STYLE="vertical-align: bottom; width: 45%"><P style="line-height:normal; margin:0px">J<FONT style="font-size:8pt">ANE </FONT>D. O&#146;K<FONT style="font-size:8pt">EEFFE</FONT></P>
</TD><TD NOWRAP STYLE="vertical-align: bottom; width: 10%"><P>&nbsp;</P></TD><TD NOWRAP STYLE="vertical-align: bottom; width: 45%"><P style="margin:0px">American Stock Transfer &amp; Trust Company, LLC</P>
</TD></TR>
<TR><TD NOWRAP STYLE="vertical-align: bottom; width: 45%"><P style="line-height:normal; margin:0px">N<FONT style="font-size:8pt">ICOLAS</FONT> W. P<FONT style="font-size:8pt">LATT</FONT></P>
</TD><TD NOWRAP STYLE="vertical-align: bottom; width: 10%"><P>&nbsp;</P></TD><TD NOWRAP STYLE="vertical-align: bottom; width: 45%"><P style="margin:0px">6201 15th Avenue</P>
</TD></TR>
<TR><TD NOWRAP STYLE="vertical-align: bottom; width: 45%"><P>&nbsp;</P></TD><TD NOWRAP STYLE="vertical-align: bottom; width: 10%"><P>&nbsp;</P></TD><TD NOWRAP STYLE="vertical-align: bottom; width: 45%"><P style="margin:0px">Brooklyn, NY 11219 </P>
</TD></TR>
<TR><TD NOWRAP STYLE="vertical-align: bottom; width: 45%"><P style="margin:0px"><B><I>Officers</I></B></P>
</TD><TD NOWRAP STYLE="vertical-align: bottom; width: 10%"><P>&nbsp;</P></TD><TD NOWRAP STYLE="vertical-align: bottom; width: 45%"><P style="margin:0px">(888) 888-0314</P>
</TD></TR>
<TR><TD NOWRAP STYLE="vertical-align: bottom; width: 45%"><P style="line-height:normal; margin:0px">T<FONT style="font-size:8pt">HOMAS </FONT>H. D<FONT style="font-size:8pt">INSMORE, CFA</FONT></P>
</TD><TD NOWRAP STYLE="vertical-align: bottom; width: 10%"><P>&nbsp;</P></TD><TD NOWRAP STYLE="vertical-align: bottom; width: 45%"><P style="margin:0px">www.amstock.com</P>
</TD></TR>
<TR><TD NOWRAP STYLE="vertical-align: bottom; width: 45%"><P style="margin:0px"><I>Chairman of the Board</I></P>
</TD><TD NOWRAP STYLE="vertical-align: bottom; width: 10%"><P>&nbsp;</P></TD><TD NOWRAP STYLE="vertical-align: bottom; width: 45%"><P>&nbsp;</P></TD></TR>
<TR><TD NOWRAP STYLE="vertical-align: bottom; width: 45%"><P style="margin:0px"><I>&nbsp;&nbsp;&nbsp;&nbsp;and Chief Executive Officer</I></P>
</TD><TD NOWRAP STYLE="vertical-align: bottom; width: 10%"><P>&nbsp;</P></TD><TD NOWRAP STYLE="vertical-align: bottom; width: 45%"><P style="margin:0px"><B><I>Investment Adviser</I></B></P>
</TD></TR>
<TR><TD NOWRAP STYLE="vertical-align: bottom; width: 45%"><P>&nbsp;</P></TD><TD NOWRAP STYLE="vertical-align: bottom; width: 10%"><P>&nbsp;</P></TD><TD NOWRAP STYLE="vertical-align: bottom; width: 45%"><P style="margin:0px">Dinsmore Capital Management Co.</P>
</TD></TR>
<TR><TD NOWRAP STYLE="vertical-align: bottom; width: 45%"><P style="line-height:normal; margin:0px">J<FONT style="font-size:8pt">ANE </FONT>D. O&#146;K<FONT style="font-size:8pt">EEFFE</FONT></P>
</TD><TD NOWRAP STYLE="vertical-align: bottom; width: 10%"><P>&nbsp;</P></TD><TD NOWRAP STYLE="vertical-align: bottom; width: 45%"><P style="margin:0px">65 Madison Avenue, Suite 550 &nbsp;</P>
</TD></TR>
<TR><TD NOWRAP STYLE="vertical-align: bottom; width: 45%"><P style="margin:0px"><I>President</I></P>
</TD><TD NOWRAP STYLE="vertical-align: bottom; width: 10%"><P>&nbsp;</P></TD><TD NOWRAP STYLE="vertical-align: bottom; width: 45%"><P style="margin:0px">Morristown, NJ 07960 </P>
</TD></TR>
<TR><TD NOWRAP STYLE="vertical-align: bottom; width: 45%"><P>&nbsp;</P></TD><TD NOWRAP STYLE="vertical-align: bottom; width: 10%"><P>&nbsp;</P></TD><TD NOWRAP STYLE="vertical-align: bottom; width: 45%"><P style="margin:0px">(973) 631-1177</P>
</TD></TR>
<TR><TD NOWRAP STYLE="vertical-align: bottom; width: 45%"><P style="line-height:normal; margin:0px">J<FONT style="font-size:8pt">AMES</FONT> A. D<FONT style="font-size:8pt">INSMORE, CFA</FONT></P>
</TD><TD NOWRAP STYLE="vertical-align: bottom; width: 10%"><P>&nbsp;</P></TD><TD NOWRAP STYLE="vertical-align: bottom; width: 45%"><P>&nbsp;</P></TD></TR>
<TR><TD NOWRAP STYLE="vertical-align: bottom; width: 45%"><P style="margin:0px"><I>Executive Vice President</I></P>
</TD><TD NOWRAP STYLE="vertical-align: bottom; width: 10%"><P>&nbsp;</P></TD><TD NOWRAP STYLE="vertical-align: bottom; width: 45%"><P style="margin:0px"><B><I>Custodian of Securities</I></B></P>
</TD></TR>
<TR><TD NOWRAP STYLE="vertical-align: bottom; width: 45%"><P>&nbsp;</P></TD><TD NOWRAP STYLE="vertical-align: bottom; width: 10%"><P>&nbsp;</P></TD><TD NOWRAP STYLE="vertical-align: bottom; width: 45%"><P style="margin:0px">Brown Brothers Harriman &amp; Co.</P>
</TD></TR>
<TR><TD NOWRAP STYLE="vertical-align: bottom; width: 45%"><P style="line-height:normal; margin:0px">G<FONT style="font-size:8pt">ARY </FONT>I. L<FONT style="font-size:8pt">EVINE</FONT></P>
</TD><TD NOWRAP STYLE="vertical-align: bottom; width: 10%"><P>&nbsp;</P></TD><TD NOWRAP STYLE="vertical-align: bottom; width: 45%"><P>&nbsp;</P></TD></TR>
<TR><TD NOWRAP STYLE="vertical-align: bottom; width: 45%"><P style="margin:0px"><I>Executive Vice President, Chief Financial Officer</I></P>
</TD><TD NOWRAP STYLE="vertical-align: bottom; width: 10%"><P>&nbsp;</P></TD><TD NOWRAP STYLE="vertical-align: bottom; width: 45%"><P style="margin:0px"><B><I>Beneficial Share Listing</I></B></P>
</TD></TR>
<TR><TD NOWRAP STYLE="vertical-align: bottom; width: 45%"><P style="margin:0px"><I>&nbsp;&nbsp;&nbsp;&nbsp;and Secretary</I></P>
</TD><TD NOWRAP STYLE="vertical-align: bottom; width: 10%"><P>&nbsp;</P></TD><TD NOWRAP STYLE="vertical-align: bottom; width: 45%"><P style="margin:0px">NYSE MKT Symbol: ECF</P>
</TD></TR>
<TR><TD NOWRAP STYLE="vertical-align: bottom; width: 45%"><P>&nbsp;</P></TD><TD NOWRAP STYLE="vertical-align: bottom; width: 10%"><P>&nbsp;</P></TD><TD NOWRAP STYLE="vertical-align: bottom; width: 45%"><P>&nbsp;</P></TD></TR>
<TR><TD NOWRAP STYLE="vertical-align: bottom; width: 45%"><P style="line-height:normal; margin:0px">H. T<FONT style="font-size:8pt">UCKER </FONT>L<FONT style="font-size:8pt">AKE, </FONT>J<FONT style="font-size:8pt">R.</FONT></P>
</TD><TD NOWRAP STYLE="vertical-align: bottom; width: 10%"><P>&nbsp;</P></TD><TD NOWRAP STYLE="vertical-align: bottom; width: 45%"><P style="margin:0px"><B><I>Legal Counsel</I></B></P>
</TD></TR>
<TR><TD NOWRAP STYLE="vertical-align: bottom; width: 45%"><P style="margin:0px"><I>Vice President</I></P>
</TD><TD NOWRAP STYLE="vertical-align: bottom; width: 10%"><P>&nbsp;</P></TD><TD NOWRAP STYLE="vertical-align: bottom; width: 45%"><P style="margin:0px">Ballard Spahr LLP</P>
</TD></TR>
<TR><TD NOWRAP STYLE="vertical-align: bottom; width: 45%"><P>&nbsp;</P></TD><TD NOWRAP STYLE="vertical-align: bottom; width: 10%"><P>&nbsp;</P></TD><TD NOWRAP STYLE="vertical-align: bottom; width: 45%"><P>&nbsp;</P></TD></TR>
<TR><TD NOWRAP STYLE="vertical-align: bottom; width: 45%"><P style="line-height:normal; margin:0px">G<FONT style="font-size:8pt">ERMAINE </FONT>M. O<FONT style="font-size:8pt">RTIZ</FONT></P>
</TD><TD NOWRAP STYLE="vertical-align: bottom; width: 10%"><P>&nbsp;</P></TD><TD NOWRAP STYLE="vertical-align: bottom; width: 45%"><P style="margin:0px"><B><I>Independent Registered Public Accounting Firm</I></B></P>
</TD></TR>
<TR><TD NOWRAP STYLE="vertical-align: bottom; width: 45%"><P style="margin:0px"><I>Vice President</I></P>
</TD><TD NOWRAP STYLE="vertical-align: bottom; width: 10%"><P>&nbsp;</P></TD><TD NOWRAP STYLE="vertical-align: bottom; width: 45%"><P style="margin:0px">Tait, Weller &amp; Baker LLP</P>
</TD></TR>
<TR><TD NOWRAP STYLE="vertical-align: bottom; width: 45%"><P>&nbsp;</P></TD><TD NOWRAP STYLE="vertical-align: bottom; width: 10%"><P>&nbsp;</P></TD><TD NOWRAP STYLE="vertical-align: bottom; width: 45%"><P>&nbsp;</P></TD></TR>
<TR><TD NOWRAP STYLE="vertical-align: bottom; width: 45%"><P style="line-height:normal; margin:0px">M<FONT style="font-size:8pt">ERCEDES </FONT>A. P<FONT style="font-size:8pt">IERRE</FONT></P>
</TD><TD NOWRAP STYLE="vertical-align: bottom; width: 10%"><P>&nbsp;</P></TD><TD NOWRAP STYLE="vertical-align: bottom; width: 45%"><P>&nbsp;</P></TD></TR>
<TR><TD NOWRAP STYLE="vertical-align: bottom; width: 45%"><P style="margin:0px"><I>Vice President and Chief Compliance Officer</I></P>
</TD><TD NOWRAP STYLE="vertical-align: bottom; width: 10%"><P>&nbsp;</P></TD><TD NOWRAP STYLE="vertical-align: bottom; width: 45%"><P>&nbsp;</P></TD></TR>
<TR><TD NOWRAP STYLE="vertical-align: bottom; width: 45%"><P>&nbsp;</P></TD><TD NOWRAP STYLE="vertical-align: bottom; width: 10%"><P>&nbsp;</P></TD><TD NOWRAP STYLE="vertical-align: bottom; width: 45%"><P>&nbsp;</P></TD></TR>
<TR><TD NOWRAP STYLE="vertical-align: bottom; width: 45%"><P style="line-height:normal; margin:0px">J<FONT style="font-size:8pt">UDITH </FONT>M. D<FONT style="font-size:8pt">OUGHERTY</FONT></P>
</TD><TD NOWRAP STYLE="vertical-align: bottom; width: 10%"><P>&nbsp;</P></TD><TD NOWRAP STYLE="vertical-align: bottom; width: 45%"><P>&nbsp;</P></TD></TR>
<TR><TD NOWRAP STYLE="vertical-align: bottom; width: 45%"><P style="margin:0px"><I>Assistant Vice President and Assistant Secretary</I></P>
</TD><TD NOWRAP STYLE="vertical-align: bottom; width: 10%"><P>&nbsp;</P></TD><TD NOWRAP STYLE="vertical-align: bottom; width: 45%"><P>&nbsp;</P></TD></TR>
<TR><TD NOWRAP STYLE="vertical-align: bottom; width: 45%"><P>&nbsp;</P></TD><TD NOWRAP STYLE="vertical-align: bottom; width: 10%"><P>&nbsp;</P></TD><TD NOWRAP STYLE="vertical-align: bottom; width: 45%"><P>&nbsp;</P></TD></TR>
<TR><TD NOWRAP STYLE="vertical-align: bottom; width: 45%"><P style="line-height:normal; margin:0px">J<FONT style="font-size:8pt">OANN </FONT>V<FONT style="font-size:8pt">ENEZIA</FONT></P>
</TD><TD NOWRAP STYLE="vertical-align: bottom; width: 10%"><P>&nbsp;</P></TD><TD NOWRAP STYLE="vertical-align: bottom; width: 45%"><P>&nbsp;</P></TD></TR>
<TR><TD NOWRAP STYLE="vertical-align: bottom; width: 45%"><P style="margin:0px"><I>Assistant Vice President</I></P>
</TD><TD NOWRAP STYLE="vertical-align: bottom; width: 10%"><P>&nbsp;</P></TD><TD NOWRAP STYLE="vertical-align: bottom; width: 45%"><P>&nbsp;</P></TD></TR>
</TABLE>





<P>&nbsp;<BR></P>
<P>&nbsp;<BR></P>
<P>&nbsp;<BR></P>
<P>&nbsp;<BR></P>
<P>&nbsp;<BR></P>
<P>&nbsp;<BR></P>
<P>&nbsp;<BR></P>


</DIV>
<!-- agabop mode="ep" last-style="h2" -->
<HR NOSHADE SIZE="5">
<!-- END DIVISION: DIV_report PAGE POSITION: 24 -->
<PAGE>
<BR>
<!-- BEGIN DIVISION: DIV_report PAGE POSITION: 25 -->
<!-- agabop mode="main" last-style="h2" -->


<P>&nbsp;<BR></P>
<P>&nbsp;<BR></P>
<P>&nbsp;<BR></P>
<P>&nbsp;<BR></P>
<P>&nbsp;<BR></P>
<P>&nbsp;<BR></P>
<P>&nbsp;<BR></P>


<P ALIGN="CENTER"><DIV ALIGN="CENTER"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">ELLSWORTH FUND LTD.<BR> 65 MADISON AVENUE, SUITE 550<BR>
MORRISTOWN, NEW JERSEY 07960<BR> www.ellsworthfund.com<BR>
&nbsp;<BR>
<DIV ALIGN="CENTER"><IMG SRC="ecf-logo.jpg">
<BR>&nbsp;</DIV>
 <BR> </FONT></DIV></P>
<!-- agabop mode="\." last-style="textc" -->
<HR NOSHADE SIZE="5">
<!-- END DIVISION: DIV_report PAGE POSITION: 25 -->

<BR>

<PAGE>
<DIV style="width:100%">

<P style="margin-top:0px; margin-bottom:-16px">ITEM 2.</P>
<P style="margin:0px; text-indent:72px">CODE OF ETHICS.</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px" align=justify>Not applicable to this semi-annual report.</P>
<P style="margin:0px">&nbsp;</P>
<P style="margin-top:0px; margin-bottom:-16px" align=justify>ITEM 3.</P>
<P style="margin:0px; text-indent:72px" align=justify>AUDIT COMMITTEE FINANCIAL EXPERT.</P>
<P style="margin:0px" align=justify>&nbsp;</P>
<P style="margin:0px" align=justify>Not applicable to this semi-annual report.</P>
<P style="margin:0px" align=justify>&nbsp;</P>
<P style="margin-top:0px; margin-bottom:-16px" align=justify>ITEM 4.</P>
<P style="margin:0px; text-indent:72px" align=justify>PRINCIPAL ACCOUNTANT FEES AND SERVICES.</P>
<P style="margin:0px" align=justify>&nbsp;</P>
<P style="margin:0px" align=justify>Not applicable to this semi-annual report.</P>
<P style="margin:0px">&nbsp;</P>
<P style="margin-top:0px; margin-bottom:-16px">ITEM 5.</P>
<P style="margin:0px; text-indent:72px">AUDIT COMMITTEE OF LISTED REGISTRANTS.</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px" align=justify>Not applicable to this semi-annual report.</P>
<P style="margin:0px"><BR></P>
<P style="margin-top:0px; margin-bottom:-16px">ITEM 6.</P>
<P style="margin:0px; text-indent:72px">INVESTMENTS.</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px" align=justify>The Schedule of Investments in securities of unaffiliated issuers as of March 31, 2013 is included as part of the report to shareholders, filed under Item 1 of this Form N-CSR.</P>
<P style="margin:0px"><BR></P>
<P style="margin-top:0px; margin-bottom:-16px">ITEM 7.</P>
<P style="margin:0px; text-indent:72px">DISCLOSURE OF PROXY VOTING POLICIES AND PROCEDURES FOR CLOSED-END MANAGEMENT INVESTMENT COMPANIES.</P>
<P style="margin:0px">&nbsp;</P>
<P style="margin:0px" align=justify>Not applicable to this semi-annual report.</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px">ITEM 8.&nbsp;&nbsp;PORTFOLIO MANAGERS OF CLOSED-END MANAGEMENT INVESTMENT COMPANIES.</P>
<P style="margin:0px">&nbsp;</P>
<P style="margin:0px" align=justify>(a) Not applicable to this semi-annual report.</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px">(b) There has been no change as of the date of filing in any of the portfolio managers identified in Ellsworth Fund Ltd.&#146;s (the &#147;Fund&#148;) most recent annual report on Form N-CSR.</P>
<P style="margin:0px"><BR></P>
<P style="margin-top:0px; margin-bottom:-16px">ITEM 9.</P>
<P style="margin:0px; text-indent:72px">PURCHASES OF EQUITY SECURITIES BY CLOSED-END MANAGEMENT INVESTMENT COMPANY AND AFFILIATED PURCHASERS.</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px" align=justify>During the period covered by this report, there were no purchases made by or on behalf of the Fund or any &#147;affiliated purchaser,&#148; as defined in Rule 10b-18(a)(3) under the Securities Exchange Act of 1934, as amended (the &#147;Exchange Act&#148;) (17 CFR 240.10b-18(a)(3)), of shares or other units of any class of the Fund&#146;s equity securities that is registered by the Fund pursuant to Section 12 of the Exchange Act (15 U.S.C. 78<I>l</I>).</P>
<P style="margin:0px"><BR></P>
<P style="margin-top:0px; margin-bottom:-16px">ITEM 10.</P>
<P style="margin:0px; text-indent:72px">SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS.</P>
<P style="margin:0px"><BR></P>
<P style="margin-top:0px; margin-bottom:13.533px" align=justify>There have been no material changes to the procedures by which shareholders may recommend nominees to the Fund&#146;s board of trustees since those procedures were last disclosed in response to the requirements of Item 407(c)(2)(iv) of Regulation S-K (17 CFR 229.407) (as required by Item 22(b)(15) of Schedule 14A (17 CFR 240.14a-101)) or Item 10 of this Form N-CSR.</P>
<P style="margin-top:0px; margin-bottom:-16px">ITEM 11.</P>
<P style="margin:0px; text-indent:72px">CONTROLS AND PROCEDURES.</P>
<P style="margin:0px">&nbsp;</P>
<P style="margin:0px">Conclusions of principal officers concerning controls and procedures</P>
<P style="margin:0px">&nbsp;</P>
<P style="margin:0px">(a) As of June 6, 2013, an evaluation was performed under the supervision and with the participation of the officers of the Fund, including the Principal Executive Officer (&#147;PEO&#148;) and Principal Financial Officer (&#147;PFO&#148;), to assess the effectiveness of the Fund&#146;s disclosure controls and procedures, as defined in Rule 30a-3(c) (17 CFR 270.30a-3(c)) under the Investment Company Act of 1940, as amended (the &#147;Act&#148;). Based on that evaluation, as 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 Exchange Act (17 CFR 240.13a-15(b) or 240.15d-15(b)), the Fund&#146;s officers, including the PEO and PFO, concluded that, as of June 6, 2013, the Fund&#146;s disclosure controls and procedures were reasonably designed so as to ensure: (1) that information required to be disclosed by the Fund on Form N-CSR is recorded, processed, summarized and reported within the time periods specified by the rules and forms of the Securities and Exchange Commission and (2) that material information relating to the Fund is made known to the PEO and PFO as appropriate to allow timely decisions regarding required disclosure.</P>
<P style="margin:0px">&nbsp;</P>
<P style="margin:0px"><BR>
<BR></P>

<HR NOSHADE SIZE="5">

<PAGE>

<P style="margin:0px"><BR><BR></P>
<P style="margin:0px">(b) There have been no changes in the Fund&#146;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 second fiscal quarter of the period covered by this report that has materially affected, or is reasonably likely to materially affect, the Fund&#146;s internal control over financial reporting.</P>
<P style="margin:0px">&nbsp;</P>
<P style="margin-top:0px; margin-bottom:-16px">ITEM 12.</P>
<P style="margin:0px; text-indent:72px">EXHIBITS.</P>
<P style="margin:0px">&nbsp;</P>
<P style="margin:0px">(a)(1) The code of ethics disclosure required by Item 2 is not applicable to this semi-annual report.</P>
<P style="margin:0px">&nbsp;</P>
<P style="margin:0px">(a)(2) Certifications of the principal executive officer and the principal financial officer pursuant to Rule 30a-2(a) under the Act (17 CFR 270.30a-2(a)), are attached hereto.</P>
<P style="margin:0px">&nbsp;</P>
<P style="margin:0px">(a)(3) There were no written solicitations to purchase securities under Rule 23c-1 under the Act (17 CFR 270.23c-1) sent or given during the period covered by the report by or on behalf of the Fund to ten or more persons.</P>
<P style="margin:0px">&nbsp;</P>
<P style="margin:0px">(b) Certifications of the principal executive officer and the principal financial officer, as required by Rule 30a-2(b) under the Act (17 CFR 270.30a-2(b)), Rule 13a-14(b) or Rule 15d-14(b) under the Exchange Act (17 CFR 240.13a-14(b) or 240.15d-14(b)), and Section 1350 of Chapter 63 of Title 18 of the United States Code (18 U.S.C. 1350) are attached hereto.</P>
<P style="margin:0px">&nbsp;</P>
<P style="margin:0px">&nbsp;</P>
<P style="margin:0px" align=center><BR></P>
<P style="margin:0px">&nbsp;</P>
<P style="margin:0px" align=center><BR><BR></P>

<HR NOSHADE SIZE="2" STYLE="color: Black; width: 100%">

<P style="margin:0px" align=center><BR><BR></P>
<P style="margin:0px" align=center>SIGNATURES</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px; text-indent:36px" align=justify>Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px">Ellsworth Fund Ltd.</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px">By:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/s/ Thomas H. Dinsmore</P>
<P style="margin:0px">Thomas H. Dinsmore</P>
<P style="margin:0px">Chairman of the Board and</P>
<P style="margin:0px">Chief Executive Officer</P>
<P style="margin:0px">(Principal Executive Officer)</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px">Date:&nbsp;&nbsp; June 6, 2013</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px; text-indent:36px" align=justify>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="margin:0px"><BR></P>
<P style="margin:0px">By:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; /s/ Thomas H. Dinsmore</P>
<P style="margin:0px">Thomas H. Dinsmore</P>
<P style="margin:0px">Chairman of the Board and</P>
<P style="margin:0px">Chief Executive Officer</P>
<P style="margin:0px">(Principal Executive Officer)</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px">Date:&nbsp;&nbsp; June 6, 2013</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px">By:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/s/ Gary I. Levine</P>
<P style="margin:0px">Gary I. Levine</P>
<P style="margin:0px">Chief Financial Officer</P>
<P style="margin:0px">(Principal Financial Officer)</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px">Date:&nbsp;&nbsp; June 6, 2013</P>
<P style="margin:0px">&nbsp;</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px"><BR>
<BR></P>


<HR NOSHADE SIZE="5">


</DIV>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.CERT
<SEQUENCE>2
<FILENAME>d30493_ex99cert.htm
<DESCRIPTION>EX-99.CERT
<TEXT>
<!doctype html public "-//IETF//DTD HTML//EN">
<HTML>
<HEAD>
<TITLE>EX-99 2 ellsworth_ncsr-ex99</TITLE>
<META NAME="author" CONTENT="Gary Levine">
<META NAME="date" CONTENT="06/03/2013">
</HEAD>
<BODY style="line-height:12pt; font-family:Times New Roman; font-size:10pt; color:#000000">
<DIV style="width:100%">


<P style="margin:0px" align=right>Exhibit 99.CERT</P>
<P style="margin:0px" align=right>&nbsp;</P>
<P style="margin:0px"><B>CERTIFICATION OF PRINCIPAL EXECUTIVE OFFICER</B></P>
<P style="margin:0px"><BR></P>
<P style="margin:0px">I, Thomas H. Dinsmore, certify that:</P>
<P style="margin:0px"><BR></P>
<A NAME="OLE_LINK1"></A><A NAME="OLE_LINK2"></A><P style="margin:0px">1. I have reviewed this report on Form N-CSR of Ellsworth Fund Ltd.;</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px" align=justify>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 report;</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px" align=justify>3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations, changes in net assets, and cash flows (if the financial statements are required to include a statement of cash flows) of the registrant as of, and for, the periods presented in this report;</P>
<P style="margin:0px" align=justify><BR></P>
<P style="margin:0px" align=justify>4. The registrant&#146;s other certifying officer 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 have:</P>
<P style="margin:0px"><BR></P>

<TABLE style="font-size:10pt" cellspacing=0 width=100%>
<TR height=0 style="font-size:0"><TD width=48></TD><TD width=90%></TD></TR>
<TR><TD valign=top width=48><P style="margin:0px" align=right>(a)&nbsp;&nbsp;</P>
</TD><TD valign=top width=90%><P style="margin:0px">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;</P>
</TD></TR>
</TABLE>
<P style="margin:0px"><BR></P>

<TABLE style="font-size:10pt" cellspacing=0 width=100%>
<TR height=0 style="font-size:0"><TD width=48></TD><TD width=90%></TD></TR>
<TR><TD valign=top width=48><P style="margin:0px" align=right>(b)&nbsp;&nbsp;</P>
</TD><TD valign=top width=90%><P style="margin:0px">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;</P>
</TD></TR>
</TABLE>
<P style="margin:0px"><BR></P>

<TABLE style="font-size:10pt" cellspacing=0 width=100%>
<TR height=0 style="font-size:0"><TD width=48></TD><TD width=90%></TD></TR>
<TR><TD valign=top width=48><P style="margin:0px" align=right>(c)&nbsp;&nbsp;</P>
</TD><TD valign=top width=90%><P style="margin:0px">Evaluated the effectiveness of the registrant&#146;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</P>
</TD></TR>
</TABLE>
<P style="margin:0px"><BR></P>

<TABLE style="font-size:10pt" cellspacing=0 width=100%>
<TR height=0 style="font-size:0"><TD width=48></TD><TD width=90%></TD></TR>
<TR><TD valign=top width=48><P style="margin:0px" align=right>(d)&nbsp;&nbsp;</P>
</TD><TD valign=top width=90%><P style="margin:0px">Disclosed in this report any change in the registrant&#146;s internal control over financial reporting that occurred during the second fiscal quarter of the period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrant&#146;s internal control over financial reporting; and</P>
</TD></TR>
</TABLE>
<P style="margin:0px"><BR></P>
<P style="margin:0px" align=justify>5. The registrant&#146;s other certifying officer and I have disclosed to the registrant&#146;s auditors and the audit committee of the registrant&#146;s board of directors (or persons performing the equivalent functions):</P>
<P style="margin:0px"><BR></P>

<TABLE style="font-size:10pt" cellspacing=0 width=100%>
<TR height=0 style="font-size:0"><TD width=48></TD><TD width=90%></TD></TR>
<TR><TD valign=top width=48><P style="margin:0px" align=right>(a)&nbsp;&nbsp;</P>
</TD><TD valign=top width=90%><P style="margin:0px" align=justify>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&#146;s ability to record, process, summarize, and report financial information; and</P>
</TD></TR>
</TABLE>
<P style="margin:0px"><BR></P>

<TABLE style="font-size:10pt" cellspacing=0 width=100%>
<TR height=0 style="font-size:0"><TD width=48></TD><TD width=90%></TD></TR>
<TR><TD valign=top width=48><P style="margin:0px" align=right>(b)&nbsp;&nbsp;</P>
</TD><TD valign=top width=90%><P style="margin:0px">Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant&#146;s internal control over financial reporting.</P>
</TD></TR>
</TABLE>
<P style="margin:0px"><BR></P>
<P style="margin:0px">&nbsp;</P>
<P style="margin:0px">Date: June 6, 2013</P>
<P style="margin:0px">&nbsp;</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px">/s/ Thomas H. Dinsmore</P>
<P style="margin:0px">Chairman of the Board and Chief Executive Officer </P>
<P style="margin:0px">(Principal Executive Officer)</P>
<P style="margin:0px">&nbsp;</P>
<P style="margin:0px" align=center><BR><BR></P>

<HR NOSHADE SIZE="5">

<PAGE>

<P style="margin:0px" align=center><BR><BR></P>
<P style="margin:0px" align=center><BR></P>
<P style="margin:0px"><B>CERTIFICATION OF PRINCIPAL&nbsp;FINANCIAL OFFICER</B></P>
<P style="margin:0px"><BR>
I, Gary I. Levine, certify that:</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px">1. I have reviewed this report on Form N-CSR of Ellsworth Fund Ltd.;</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px" align=justify>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 report;</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px" align=justify>3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations, changes in net assets, and cash flows (if the financial statements are required to include a statement of cash flows) of the registrant as of, and for, the periods presented in this report;</P>
<P style="margin:0px" align=justify><BR></P>
<P style="margin:0px" align=justify>4. The registrant&#146;s other certifying officer 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 have:</P>
<P style="margin:0px"><BR></P>

<TABLE style="font-size:10pt" cellspacing=0 width=100%>
<TR height=0 style="font-size:0"><TD width=48></TD><TD width=90%></TD></TR>
<TR><TD valign=top width=48><P style="margin:0px" align=right>(a)&nbsp;&nbsp;</P>
</TD><TD valign=top width=90%><P style="margin:0px">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;</P>
</TD></TR>
</TABLE>
<P style="margin:0px"><BR></P>

<TABLE style="font-size:10pt" cellspacing=0 width=100%>
<TR height=0 style="font-size:0"><TD width=48></TD><TD width=90%></TD></TR>
<TR><TD valign=top width=48><P style="margin:0px" align=right>(b)&nbsp;&nbsp;</P>
</TD><TD valign=top width=90%><P style="margin:0px">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;</P>
</TD></TR>
</TABLE>
<P style="margin:0px"><BR></P>

<TABLE style="font-size:10pt" cellspacing=0 width=100%>
<TR height=0 style="font-size:0"><TD width=48></TD><TD width=90%></TD></TR>
<TR><TD valign=top width=48><P style="margin:0px" align=right>(c)&nbsp;&nbsp;</P>
</TD><TD valign=top width=90%><P style="margin:0px">Evaluated the effectiveness of the registrant&#146;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</P>
</TD></TR>
</TABLE>
<P style="margin:0px"><BR></P>

<TABLE style="font-size:10pt" cellspacing=0 width=100%>
<TR height=0 style="font-size:0"><TD width=48></TD><TD width=90%></TD></TR>
<TR><TD valign=top width=48><P style="margin:0px" align=right>(d)&nbsp;&nbsp;</P>
</TD><TD valign=top width=90%><P style="margin:0px">Disclosed in this report any change in the registrant&#146;s internal control over financial reporting that occurred during the second fiscal quarter of the period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrant&#146;s internal control over financial reporting; and</P>
</TD></TR>
</TABLE>
<P style="margin:0px"><BR></P>
<P style="margin:0px" align=justify>5. The registrant&#146;s other certifying officer and I have disclosed to the registrant&#146;s auditors and the audit committee of the registrant&#146;s board of directors (or persons performing the equivalent functions):</P>
<P style="margin:0px"><BR></P>

<TABLE style="font-size:10pt" cellspacing=0 width=100%>
<TR height=0 style="font-size:0"><TD width=48></TD><TD width=90%></TD></TR>
<TR><TD valign=top width=48><P style="margin:0px" align=right>(a)&nbsp;&nbsp;</P>
</TD><TD valign=top width=90%><P style="margin:0px" align=justify>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&#146;s ability to record, process, summarize, and report financial information; and</P>
</TD></TR>
</TABLE>
<P style="margin:0px"><BR></P>

<TABLE style="font-size:10pt" cellspacing=0 width=100%>
<TR height=0 style="font-size:0"><TD width=48></TD><TD width=90%></TD></TR>
<TR><TD valign=top width=48><P style="margin:0px" align=right>(b)&nbsp;&nbsp;</P>
</TD><TD valign=top width=90%><P style="margin:0px">Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant&#146;s internal control over financial reporting.</P>
</TD></TR>
</TABLE>
<P style="margin:0px"><BR></P>
<P style="margin:0px">&nbsp;</P>
<P style="margin:0px">Date: June 6, 2013</P>
<P style="margin:0px">&nbsp;</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px">/s/ Gary I. Levine</P>
<P style="margin:0px">Chief Financial Officer </P>
<P style="margin:0px">(Principal Financial Officer)</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px"><BR>
<BR></P>



<HR NOSHADE SIZE="5">

</DIV>
</BODY>
<!-- EDGAR Validation Code: D0B2BF8B -->
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.906 CERT
<SEQUENCE>3
<FILENAME>d30493_ex99-906.htm
<DESCRIPTION>EX-99.906 CERT
<TEXT>
<!doctype html public "-//IETF//DTD HTML//EN">
<HTML>
<HEAD>
<TITLE>Exhibit 99</TITLE>
<META NAME="author" CONTENT="kestenbaumb">
<META NAME="date" CONTENT="06/03/2013">
</HEAD>
<BODY style="line-height:12pt; font-family:Times New Roman; font-size:10pt; color:#000000">
<DIV style="width:100%">

<P style="line-height:14pt; margin-top:0px; margin-bottom:16px; font-size:12pt" align=right>Exhibit 99.906CERT</P>
<P style="line-height:14pt; margin-top:0px; margin-bottom:16px; font-size:12pt"><B>Certification of Principal Executive Officer</B></P>
<P style="line-height:14pt; margin-top:0px; margin-bottom:16px; text-indent:48px; font-size:12pt">In connection with the Certified Shareholder Report of Ellsworth Fund Ltd. (the &#147;Registrant&#148;) on Form N-CSR for the period ended March 31, 2013 as filed with the Securities and Exchange Commission on the date hereof (the &#147;Report&#148;), I, Thomas H. Dinsmore, Chief Executive Officer of the Registrant, certify, pursuant to 18 U.S.C. &#167; 1350, as adopted pursuant to &#167; 906 of the Sarbanes-Oxley Act of 2002, that<A NAME="OLE_LINK1"></A><A NAME="OLE_LINK2"></A>, to my knowledge:</P>
<P style="line-height:14pt; margin-top:0px; margin-bottom:-18.667px; text-indent:96px; font-size:12pt">(1)</P>
<P style="line-height:14pt; margin-top:0px; margin-bottom:16px; text-indent:144px; font-size:12pt">The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and</P>
<P style="line-height:14pt; margin-top:0px; margin-bottom:-18.667px; text-indent:96px; font-size:12pt">(2)</P>
<P style="line-height:14pt; margin-top:0px; margin-bottom:16px; text-indent:144px; font-size:12pt">The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Registrant.</P>
<P style="margin-top:0px; margin-bottom:16px"><BR></P>
<P style="line-height:14pt; margin-top:0px; margin-bottom:-18.667px; padding-left:432px; text-indent:-432px; font-size:12pt">Date: June 6, 2013<BR>
</P>
<P style="line-height:14pt; margin-top:0px; margin-bottom:16px; padding-left:432px; font-size:12pt">/s/ Thomas H. Dinsmore<BR>
Chairman of the Board and<BR>
Chief Executive Officer <BR>
(Principal Executive Officer)</P>
<P style="margin-top:0px; margin-bottom:16px"><BR></P>
<P style="line-height:14pt; margin-top:0px; margin-bottom:16px; text-indent:96px; font-size:12pt">A signed original of this written statement required by Section 906, or other document authenticating, acknowledging, or otherwise adopting the signature that appears in typed form within the electronic version of this written statement required by Section 906, has been provided to the Registrant and will be retained by the Registrant and furnished to the Securities and Exchange Commission or its staff upon request.</P>
<P style="margin-top:0px; margin-bottom:16px"><BR></P>
<P style="line-height:14pt; margin-top:0px; margin-bottom:16px; font-size:12pt"><B>Certification of Principal Financial Officer</B></P>
<P style="line-height:14pt; margin-top:0px; margin-bottom:16px; text-indent:48px; font-size:12pt">In connection with the Certified Shareholder Report of Ellsworth Fund Ltd. (the &#147;Registrant&#148;) on Form N-CSR for the period ended March 31, 2013 as filed with the Securities and Exchange Commission on the date hereof (the &#147;Report&#148;), I, Gary I. Levine, Chief Financial Officer of the Registrant, certify, pursuant to 18 U.S.C. &#167; 1350, as adopted pursuant to &#167; 906 of the Sarbanes-Oxley Act of 2002, that, to my knowledge:</P>
<P style="line-height:14pt; margin-top:0px; margin-bottom:-18.667px; text-indent:96px; font-size:12pt">(1)</P>
<P style="line-height:14pt; margin-top:0px; margin-bottom:16px; text-indent:144px; font-size:12pt">The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and</P>
<P style="line-height:14pt; margin-top:0px; margin-bottom:-18.667px; text-indent:96px; font-size:12pt">(2)</P>
<P style="line-height:14pt; margin-top:0px; margin-bottom:16px; text-indent:144px; font-size:12pt">The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Registrant.</P>
<P style="margin-top:0px; margin-bottom:16px"><BR></P>
<P style="line-height:14pt; margin-top:0px; margin-bottom:-18.667px; padding-left:432px; text-indent:-432px; font-size:12pt">Date: June 6, 2013</P>
<P style="line-height:14pt; margin-top:0px; padding-left:432px; font-size:12pt">/s/ Gary I. Levine<BR>Chief Financial Officer<BR>(Principal Financial Officer)</P>
<P style="margin-top:0px; margin-bottom:16px"><BR></P>


<HR NOSHADE SIZE="5">

<PAGE>

<P style="margin-top:0px; margin-bottom:16px"><BR></P>
<P style="line-height:14pt; margin-top:0px; margin-bottom:16px; text-indent:96px; font-size:12pt">A signed original of this written statement required by Section 906, or other document authenticating, acknowledging, or otherwise adopting the signature that appears in typed form within the electronic version of this written statement required by Section 906, has been provided to the Registrant and will be retained by the Registrant and furnished to the Securities and Exchange Commission or its staff upon request.</P>
<P style="margin-top:0px; margin-bottom:16px"><BR></P>
<P style="margin-top:0px; margin-bottom:16px"><BR><BR></P>


<HR NOSHADE SIZE="5">


</DIV>
</BODY>
<!-- EDGAR Validation Code: AA2E8991 -->
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>4
<FILENAME>d30493-chart.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 d30493-chart.jpg
M_]C_X``02D9)1@`!`0$`8`!@``#_VP!#``$!`0$!`0$!`0$!`0$!`0$!`0$!
M`0$!`0$!`0$!`0$!`0$!`0("`0$"`0$!`@("`@("`@("`0("`@("`@("`@+_
MVP!#`0$!`0$!`0$!`0$"`0$!`@("`@("`@("`@("`@("`@("`@("`@("`@("
M`@("`@("`@("`@("`@("`@("`@("`@+_P``1"`%1`=$#`2(``A$!`Q$!_\0`
M'P```04!`0$!`0$```````````$"`P0%!@<("0H+_\0`M1```@$#`P($`P4%
M!`0```%]`0(#``01!1(A,4$&$U%A!R)Q%#*!D:$((T*QP152T?`D,V)R@@D*
M%A<8&1HE)B<H*2HT-38W.#DZ0T1%1D=(24I35%565UA96F-D969G:&EJ<W1U
M=G=X>7J#A(6&AXB)BI*3E)66EYB9FJ*CI*6FIZBIJK*SM+6VM[BYNL+#Q,7&
MQ\C)RM+3U-76U]C9VN'BX^3EYN?HZ>KQ\O/T]?;W^/GZ_\0`'P$``P$!`0$!
M`0$!`0````````$"`P0%!@<("0H+_\0`M1$``@$"!`0#!`<%!`0``0)W``$"
M`Q$$!2$Q!A)!40=A<1,B,H$(%$*1H;'!"2,S4O`58G+1"A8D-.$E\1<8&1HF
M)R@I*C4V-S@Y.D-$149'2$E*4U155E=865IC9&5F9VAI:G-T=79W>'EZ@H.$
MA8:'B(F*DI.4E9:7F)F:HJ.DI::GJ*FJLK.TM;:WN+FZPL/$Q<;'R,G*TM/4
MU=;7V-G:XN/DY>;GZ.GJ\O/T]?;W^/GZ_]H`#`,!``(1`Q$`/P#^_BBBO'OC
M3\>OA;^SWX>T+Q/\5]?U'0],\3^*[#P/X;AT7PAXS\=:WKWBS4]-UC6;+1-(
M\,^`?#VJ:EJ%VVDZ!K5RQBM&2.'399)'15S0![#17Q-_P\)_9D_Y_OC?_P"(
ME?M9?_.3H_X>$_LR?\_WQO\`_$2OVLO_`)R=`'VS17Q-_P`/"?V9/^?[XW_^
M(E?M9?\`SDZ/^'A/[,G_`#_?&_\`\1*_:R_^<G0!]LT5\3?\/"?V9/\`G^^-
M_P#XB5^UE_\`.3H_X>$_LR?\_P!\;_\`Q$K]K+_YR=`'VS17Q-_P\)_9D_Y_
MOC?_`.(E?M9?_.3H_P"'A/[,G_/]\;__`!$K]K+_`.<G0!]LT5\3?\/"?V9/
M^?[XW_\`B)7[67_SDZ/^'A/[,G_/]\;_`/Q$K]K+_P"<G0!]LT5\3?\`#PG]
MF3_G^^-__B)7[67_`,Y.C_AX3^S)_P`_WQO_`/$2OVLO_G)T`?;-%?$W_#PG
M]F3_`)_OC?\`^(E?M9?_`#DZ/^'A/[,G_/\`?&__`,1*_:R_^<G0!]LT5\3?
M\/"?V9/^?[XW_P#B)7[67_SDZ/\`AX3^S)_S_?&__P`1*_:R_P#G)T`?;-%?
M$W_#PG]F3_G^^-__`(B5^UE_\Y.C_AX3^S)_S_?&_P#\1*_:R_\`G)T`?;-%
M?$W_``\)_9D_Y_OC?_XB5^UE_P#.3H_X>$_LR?\`/]\;_P#Q$K]K+_YR=`'V
MS17Q-_P\)_9D_P"?[XW_`/B)7[67_P`Y.C_AX3^S)_S_`'QO_P#$2OVLO_G)
MT`?;-%?$W_#PG]F3_G^^-_\`XB5^UE_\Y.C_`(>$_LR?\_WQO_\`$2OVLO\`
MYR=`'VS17Q-_P\)_9D_Y_OC?_P"(E?M9?_.3H_X>$_LR?\_WQO\`_$2OVLO_
M`)R=`'VS17Q-_P`/"?V9/^?[XW_^(E?M9?\`SDZ/^'A/[,G_`#_?&_\`\1*_
M:R_^<G0!]LT5\3?\/"?V9/\`G^^-_P#XB5^UE_\`.3H_X>$_LR?\_P!\;_\`
MQ$K]K+_YR=`'VS17Q-_P\)_9D_Y_OC?_`.(E?M9?_.3H_P"'A/[,G_/]\;__
M`!$K]K+_`.<G0!]LT5\3?\/"?V9/^?[XW_\`B)7[67_SDZ/^'A/[,G_/]\;_
M`/Q$K]K+_P"<G0!]LT5\3?\`#PG]F3_G^^-__B)7[67_`,Y.C_AX3^S)_P`_
MWQO_`/$2OVLO_G)T`?;-%?$W_#PG]F3_`)_OC?\`^(E?M9?_`#DZ/^'A/[,G
M_/\`?&__`,1*_:R_^<G0!]LT5\3?\/"?V9/^?[XW_P#B)7[67_SDZ/\`AX3^
MS)_S_?&__P`1*_:R_P#G)T`?;-%?$W_#PG]F3_G^^-__`(B5^UE_\Y.C_AX3
M^S)_S_?&_P#\1*_:R_\`G)T`?;-%?$W_``\)_9D_Y_OC?_XB5^UE_P#.3H_X
M>$_LR?\`/]\;_P#Q$K]K+_YR=`'VS17Q-_P\)_9D_P"?[XW_`/B)7[67_P`Y
M.C_AX3^S)_S_`'QO_P#$2OVLO_G)T`?;-%?$W_#PG]F3_G^^-_\`XB5^UE_\
MY.C_`(>$_LR?\_WQO_\`$2OVLO\`YR=`'VS17Q-_P\)_9D_Y_OC?_P"(E?M9
M?_.3H_X>$_LR?\_WQO\`_$2OVLO_`)R=`'VS17Q-_P`/"?V9/^?[XW_^(E?M
M9?\`SDZ/^'A/[,G_`#_?&_\`\1*_:R_^<G0!]LT5\3?\/"?V9/\`G^^-_P#X
MB5^UE_\`.3H_X>$_LR?\_P!\;_\`Q$K]K+_YR=`'VS17SE\'OVL/@;\=_%>O
M^!OASXB\3S^,?#/A[3?%NL>&_&'PL^*_POU:+PSJ^IW^C:?KEG:_$[P3HYU;
M39-5TR_MS):>>(Y;8K)L)7/T;0`4444`%?%W[6S,OC[]A4J2I/[9NDJ2"02K
M?LY?M(*P..Q4D'U!K[1KXM_:X_Y'W]A3_L\[1_\`UG/]I"@#[2HHHH`****`
M"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`*
M***`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HH
MHH`****`"BBB@#XGM"?^'C?B`9.!^Q/X/(&>`3\=?'`)`]<`?E7VQ7Q-:?\`
M*1SQ!_V9-X/_`/5[>.:^V:`"BBB@`KXM_:X_Y'W]A3_L\[1__6<_VD*^TJ^+
M?VN/^1]_84_[/.T?_P!9S_:0H`^TJ***`"BBB@`HHHH`****`"BBB@`HHHH`
M****`"BBB@`HHHH`_'#_`(+W_$/]J_X5_P#!+O\`:&\<_L<VWB^7XH:)_P`(
M7-XFN_AW/>VGQ#TCX.MXNTI?BUJW@J_TN)[O2-8C\'?;UEU"R0WNF6$]YJ5H
MT=Q:1RQ_F5_P3=_:R_X)8?\`!1+Q#^SO>?L$_%3QO^QG^TG\,?B!X'^(GQ6_
M9/\`$?Q(\=Z%/\<O!?A>.<>-?"7B[1M1\1W>C_M$?9XKR;5+'7K=[C7H+S1K
M>\U86EK->6Y_>K]NOXJ_M*_!GX>_"OQS^S#\$/%'[1/B2T^/WP[T[XD_";P=
M+X;L_$/B#X)ZI9^);3XCWFEZGXMU2QT[3=2T^R>RU"R:ZO+6*XOM-M;!IT%V
M37\[_P"U=_P3*^#'[7G[=W[!'[2?[`?[(OQL_9)^/7PZ_:B\#_&?]JWXR>(/
M@IXN_9I^&NE?"+P3?+XH\3:7X@T;Q'8Z?9>//CCJFO6NDZ?I_P#PBL-^MY:Z
MQJ4^O7TFGK;S@`_7?XX?\%H_V;/@KK_[1]P/`WQ;^(WP9_8N^('PX^%_[8?[
M0/@+2O#-[\/O@5XX^)NL6.A:=HDFFZGXFMM:^(LVBZAJFE?\)6?#NFZ@-`74
MHDF\^Z6:VB[/]J+_`(*S?`W]GOQEXJ^&?@;P-\1OVG?B5\._V7?$'[:GQ.\*
M?!)_!DD?P_\`V9O#J6DC^/=9\0>,_%6EV-[K.I17L$FAZ%8RW.JZG`K7*P0V
MS0S3?SL_`_\`8-^(W[,'[<W_``4E_9]_:[_X)D_'[]N[]F[]M/\`:&UOX]_L
M^?%3X7ZC/J/P?N;OQ?XIUWQ+%X7^/1OOB/HVB^$K*.75/#RW6I:S'-<:9>^$
MI[BWM+ZUN+*9???'G[/_`.V'_P`$S?\`@M4_[;GPU_8Q^*/[4W[&'[47[)GP
MS_9L^(G@']EO2;/XC^*/@/=?#SP9\-O"&G^&M,\+>(]1TZ2]\'V%Y\,=`DL[
MF]>SLKK1]?O(Y+B*^LS;R@'MG_!0/_@O)KFB^`O^"6&N?L1_"KX@^,_`_P#P
M4C^-/PQ;1OBE=Q>$=`UL>!_#GQ6\+:1\3O@?X7\+>)?$,?V7XPZD]P=$GOM1
MDM]`TZWU.6:TU.\EEBNK+]3/B/\`\%0/!O@SXW?"S]DWPS\!_B_\2?VQ_B+\
M&-7_`&@-?_9J\.:K\)[/Q/\`"#X8:$DD=YJ7Q/\`&6J_$2/PYI^LW.J(+'3+
M#3M4U*6_NI48-#:2174GY%?\%I?V;?VH_C?JW_!%W]I;X2?L;_$63PQ^RE^U
MG9?$7XQ?`#X56W@[QA\4/A?\/;WQ9\,M=T+RO"?A75(=-O[Y-"\":@-0MM*N
M[FPTN_O8K-M0GM_]/;M?%7[._P`??V<?^"[-]_P5.UCX#?&KQ_\`L_?M,?L.
M2_#+6]&^%_A&7XL_$?X'?&?PQHW@./3/`/C#P/X%NKVZ32]5TKP#:+;ZKI_V
MO2X]8URXMKN[MH4%W*`?;OCW_@NM^QSX3_X)V:?_`,%.?#.B_%CXE_L[Q^-;
M#X=>-]&\*:#X9L/BK\,/&]YKD/A>X\,>./!?BSQ;IZ6FL6GB.\TRWN8K:]N1
MY6K6U_;/<V$R7+>]_L@_\%-_AK^VC\:?%OPI^&7P-_::\-^%M!^"W@+XX>%_
MCW\2OA1=^#O@A\5?"_CV2RALK?X9>+KR_9_$UQ%/>R*DR6Z6E\NCZA/I\]S:
M6RW$W\FVM_\`!)#]N/X3?\&Y'Q__`&<;CX&?$3QG^U7^U]^V1X8_:)L?@#X)
MLK?Q7KOPR\+)XG\`7<.F^,;S3+Y[#1M77PQX!N+V^5;J18;G6+73F)NTF5/[
M8/V-]*U/0/V2/V8?#FM^&]:\':WX7^`'PA\*ZWX3\1Z//H&M^&]9\,>`=!T'
M5=$U'1[A0UC<6VH:=<1;1E"L0:)GC9&(!_++_P`'6GBG6OA1\2?^"6?BCP?\
M2OB%\(X?B9^T5K_@7XPZQX$^)?CGP!9^*OAS9:G\(VFT_P`6Q>%O$%I%J%A:
M6.HZR4DD0R0QWUP$<+(PJ;]E3XH>-M=_X."H_`7_``2P^-GQ%^*O_!.CPU\(
M8&_;?\*^)?C%XW^)?P(\"?$:XT;QS%"OPLC^*/B>_N[/Q+_;-O\`#1E.A&2W
M2\U#5;=I%L#>10^L?\'+O[.W[2W[3/Q1_P""99_9R_9K^./QSM?V<OV@=5^+
MWQ:U+X<^!I]5TG0/"G]L?"J\MK>UU.^NK:WUG7I[?P[K1CL[:20J;+;.\)DC
M#</\8?V-_P!K[]NK_@OS^R;^WA\`OV<?BK^QY^SO^S3X:\#:9\:/CO\`&+3-
M)^$OC#X\IX;\1^+_`!#XA\,Z/\,[;5I==\16.J>&]?L/"YGU:RMXFM$N);IE
MM;:QCG`/T9^(O_!P5^S?\/?B[^V-^SS%^S?^U_\`$/X^?L8+8W'C7X5?"?X8
MZ!\2/$'C;2+N]M8KOQ3X(;PMXRN%B\':=I>I:/?ZIJ6L#2X;.'6;6`B2_GCM
M']B^*W_!:/X"?#F;XOG0?A!\>?B=8_LM?!SX5?'7]LRY\):#X2L+S]ECP7\7
MM*MO$/AW0?'FD>+/&&GW'B#XH6GA>2^U75_#FB+?W>FV&BW;3R?:HUM'^`O^
M":?[.7[0'P^_X+V?\%;?VD_B'^S_`/%?P1\%?VA]$T'2_@M\6/%7@F[TSPSX
MN/A+4/"5OKL%EJ4C-)IUO=/HS3V?VE(5OH;%)$^81H?CS6?V*/BM^S'_`,%=
M_P#@H=JW[1O_``3P_:%_;W_8J_X*,WVC^-_`_B[X`37GB'3?"WB>8:A+>>`O
MC!X:_P"%D^'M-TWPLUUKVN:7=2^()OLMO:Z9I=[:>;9W%\L`!_03\7/^"L/[
M.7@KQU\#?A!\);;7/VD/C3^TC^SWKO[5/P9^''PXU3PCX?E\8?`G0O#M[XI'
MC&W\3?$CQ!I&G1W.H:/I6MOI6FB:34+K^P;YY;>VM[2:=?Q[_P""M/\`P46^
M&?[=G_!NQ\9_VXOV1?%GQ2\`"W\6_#.RT741J6M?#3XJ_#3QWHWQM\$>$_%W
MA[4+[P?K_P"YO!I6LWL$C6M]=65Y8:VKAW67:G0_M=?!W]L#3?VM/V$/V;?A
M%_P3TUK2_P!B/PG^R-XB\*>(=>_9BU#P%I_BGPKXYUG0_%VB:5^S;XJ_:6\4
M:AIFL_#+]G/2+J'P;+K-KHVHZ;)XIAOKA"FK6<<FE-^6?PH_8/\`VZM"_P"#
M8#]I[]AG7/V-_CYI7[3FM_M46]QX3^&3>%],N=5\7:1-\5/AAXNOO$VA)9:V
MY3PC::1X4UD/J-VMK;W$MNBV#7:31.P!_4-^QA^UOKEK\)_^"<W[/B_"SXP?
M&;Q[\3_V'/@3\6/'OQ7T?5/"6I^%OAKI#?#SP=:7/B/XVZ_XJ\96^J:?J^M:
MG=W,FCJEIJ%YX@EL-3>T67^SK^2'\_O^"GG_``50^&?QM_9J_P""J_[/_P"S
ME\+?VA_B7+^QW\'?&WAWXM_M3?"J30="^'_P,^/C:!XB_P"$4T_1M5M_B%IW
MBK7]3T3Q%HET=9U/0-+O+30_[.EGO)&LD>8_#7["?P!_X*%?\$MOVUOV9?B9
MX)^$'[77[1G[(7[:_P"R7^SGX<_;/\#>*-(U;Q9\0?V4OC=\./`VD_#U;T07
M\R&30_#VL65W]ATZQ,GE>%-:OK"U@F&GZ(\WFWPW_9#_`&U/V-?@Y_P<!?L0
MWG[('[1/QLU7]M/4/BW\3_V5?C%\+_"=GK_PR^(^@_$/P]XWMIK+Q/XUN-6B
MC\*>-;+3]:T1WT6ZC.I7]\M[9V4$K_9Y+@`_3C_@F[_P4C^'W[(__!#?_@G%
M\8?VF/%7Q&^*WQ2^/,J_!_X7>%;346\;?&3XY_&#QC\7O'>D>&?#&F:CXRU^
M!)G$45L+K4M5U&WLM/M((Q+<!FMH)?T*T#_@K)\*]57]L_P3J/P;^,ND?M,_
ML&>$+3XA_'?]E:./P'K/Q1O_`(>W_AZT\7V'C?X3:MIGC-M!^)F@3>&+V&9?
MLNJ0W<=R\>GW%K!>7-G'<_SB:C_P3*_;3O/^"9W_``0G\;2?L]_$ZW^+G_!+
MG]I:/QG\??V:IHO#]S\2O$/POUOXTZ3XTU[QC\.]#TW7[B#Q?K6GZ1H&C2V^
ME+/%J=S%J]Y'';BXM3#+^IG[#'['WQH^(G_!;K_@H/\`\%1/&GPZ\<?"O]G7
MXE?!GP+^SC\%_#OQ8\-W_@CQO\6CI_ACX1VWC/QGJ'PV\01IJ7A_P5:WGPYN
M;:S.L6MG-J1UA)[>W\F&4T`=GXE_X./_`-CCPO\`LH?LO_MGWOPL^/-Q\#_V
MKOBEXM^#7@G5;:'X3C6/!GC_`,(:W=Z-=Z7\4-*N?BC&?"UM-%INI7T=Q#)>
MQI86@GN/),]NDOWY^T'_`,%'/!?[-_P[_;$^+'C7X-_%G6/A[^Q5IG@+5/B3
MXC\)S?#S4H/%">-_#GA[Q=<V/@"&\\;VS:IJ>C>&_%?AZ[U2&]^P;8M7MS:-
M=&117\ONF?\`!O1\7W_9;_X+7?LV:[I&M:K\/-#^*OC3QS_P2V\'WMM;RP6>
MKZE9^"OC;J?B#P3,"7%WKMMX1^%WP]GE!14F\,Z]"%`N;@R?J;\7_P!D7]I;
M1?\`@W)^)7[.^O>%/B#\:?VU?C9^S/HES\2-!T?1VUKQ]XE^.7C]/"37^A:G
M!!Y:*?#^B66D:%+<R,D<5CX(C9B2`&`/:_AA_P`'`O[+_P`2?BI^PQX!NO@3
M^U3\-O!__!0W3)U_9O\`C-\2O`7A#0OA]XE\86M[9:7=^#)H;#Q]>:M'+'K&
MJZ-9C4DTY]+GGUBWEM+JXL&>]3]XJ_A-UO\`8U_;)GTW_@UZAB_9*_:&FD_8
M7U&PN?VJE3X>7;'X1V]G\2_A5:R-K"M=@ZBWV+PCKE\JV0N2=/MXI\`SQ1M_
M=E0`4444`%%%%`!1110`4444`%%%%`!1110`4444`?$UI_RD<\0?]F3>#_\`
MU>WCFOMFOB:T_P"4CGB#_LR;P?\`^KV\<U]LT`%%%%`!7Q;^UQ_R/O["G_9Y
MVC_^LY_M(5]I5\6_M<?\C[^PI_V>=H__`*SG^TA0!]I4444`%%%%`!1110`4
M444`%%%%`!1110`4444`%%%%`!1110`4444`%%?RH_\`!Q[\5O\`@H3^SOI&
MC_&S]@K]I?XF_"N3X5_`_P`<_'3XT?#K28/#7B7PUXK\#^#?BU\"/AQ+K&GZ
M3XF\/WC:-)I,7Q2N-0U/[-(D5SIUM=2RH&MPY_0$?\%&=4_:E_X)0?"']I?]
MFGQ!9^%OC?\`M;_#&7POX"N[2*QU=_A3\5=.\(>*-3^.6NOI]V9(KEO`>F^`
M?B?J427$;P7-QX6L898W2]C5P#]K:*_E?_X-K?VZ?BY\>O\`@G!\?OVU/V_/
MVI?$_C.7X<_&?XB^'O$7CWXJ:YX<\/\`@/X?_"WP%\/?ASXJEOFL-&T;3[.Q
M>*YUO6YKB]F$MS*LZ0(VU4C/[/\`P:_X*=_L>_'+X[>&OV;/"?CGQ1H?QB^(
M'PJT[XZ?"?PM\1?AG\0?ANGQF^#>K6UY>Z?\2/A+J_C'P[:6GCGPY)8:??7'
M^B3-=+;V4\[VRQ03-&`?H#17Y`_$S_@N]_P2^^#MS^T+I7Q+_:)N?"'B?]EO
MQ1HG@OXS>"]5^%_Q6C\9:!XH\0ZIJFDZ7I.D>'8_!K7'BYFGT;4)99]*6\M;
M:UB6[N9XK>6*1_5/CK_P5Q_80_9V;5G^(GQ:UB?3_"'@SX5_$;XI:UX)^&OQ
M'^(&B_!+P#\;[[3]-^$?BSXUZAX/\+WB?#/3_$%WJ=D-.AU/R;V6*87)M5MB
M)B`?I517\J/_``4._P""C_Q%^`'_``6J_P""57A[P7^T_P"(=&_8B_:3^"^N
M_$;XH>%O#T=EXS\!?$;3UTKXB-X&UCPS9Z/X:U#5]4O-5D7PHME;:+(\NIW+
M626UO)-,1+^\O[%O[??[+/\`P4"\#^+_`!]^R[\0[GQIIOP\\:ZE\.OB#HFO
M>$O%WP_\:^!?&>E_-<:#XL\$^.M%T_4]$NFBR\1FMA')Y<B*_FP3QQ`'V317
MYL_\%(OA7^T=\4?A)X@3X4_MX6__``3Y^'W@[P9XA\5>+/C#H?A?PUK/B[4-
M>L+6ZGTNRUSQ-XSFCM?`?PTLH;9;K4)=,(UK47F$$5YI]O;21ZC\=?\`!`?X
M_?MU_M6?\$K_``K\5?VG/'_A+Q/\8/$'C'Q_I'P?^,.MZ58>(I/&'PKTB]T_
M3?"_C3X@^&?"&JZ4;O7!K$7BN!('GTR^NK+3+"XO]LT\D\P!^]=%?S3?\&]W
M[;W[7O[9GQ"_X*CVO[6_Q<L_BCJ_P!_:CT;X.>!H/#WA'1_`G@CPUHGA8_$+
M0=0'A+PMIB/+IUI?W6@6UU+]NO=1O68()[V=DWG^EF@`HK\)/^"QOP6_X*<_
M$7X7_&'XL?LD_MUZ7^QC\._V;O@[XA^*.@>$?"O@JVUOQA\>/%7@WP_J?C3Q
M8?B'\2M2N4/PW\)6^CZ8FFZ/8V%G?I<WC7=_K1>U:SAM_P`K/'G_``6T_;/\
M"?\`!N_^RC^UKXM?2_#'[:?[6?Q/T[]F[P3\2;GPQI2P-:7'C3QUI;?'FW\&
MSV:Z;_;UU\._`EU<VL)M_P"S#JFK0ZBEHUCMLR`?V745_.U^S;^V5\4O@9_P
M6P^*?_!*'QI\3_''QB^$_C']DSP3^T5\%/$_Q=UB'Q7\1_!?Q(T[3K:'X@^$
M[GQHEI;W7B+PEK&GVFK:U'!=^:=+NM/>VTTVUC-]GC\M^!G[:O[<>L_\'(WQ
M?_8+^,7QP\-^)_V>OAG^R=JWQ/\`"7P^^'WPYL_A_P"'#K'BS3OA#K^FWOB.
M2_U?5]7\1:[IL7B35+2*XGU?[*Z2F:*PM'E>,`'].]%?S2_\'`EY^W#\%/V:
M?BU^V'\)/^"E,O[(NG_!,^%G^#/[/_@OPEX+BM?C3JU_KOA[2+S3_&_C?Q6L
MFJ>)?'6HWVJW8T[2+&U;0K*STJ(7MI=M<7VHV_[A_L9>*/CCXV_9*_9L\8_M
M,6'A[3?V@?%/P3^&_B#XPV7A673IO#T/Q`U?PKIE]XC.EOH]U/9K;OJ$\KE+
M.>:SC>5DM99+=8W8`^EZ***`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB
M@#XFM/\`E(YX@_[,F\'_`/J]O'-?;-?$UI_RD<\0?]F3>#__`%>WCFOMF@`H
MHHH`*^+?VN/^1]_84_[/.T?_`-9S_:0K[2KXM_:X_P"1]_84_P"SSM'_`/6<
M_P!I"@#[2HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHH
MH`_+7X[:I\$?B5_P4$\'_LZ?$J\T_6]-^)O[!G[4'PL\8>$[VPU.72]3LOB9
M\2?V>%7PCJ&LK8-8V>LZIX5T;Q7-:V4EREY-;Z1<3PPLD6ZOPH_X(Y_\$^?C
ME_P3T^"7_!3O1OVI?%&K1?!C]G3QW^TW\)?V.M-\1Z=(MI>Z-\0/`_A_4/'7
MQE\,Q);/<:C'XJT72?A18:;';([0WMOXEM+=&EU"Z63^R&B@#^!G_@BCK=K\
M#_\`@W,_X*,^&/C!^RKXI_:"\2^'/B3\4_%FO?LA^*?#?C7POX@^(GA+Q%X*
M^"FB:1JU[81:;!JH\%V^J075]>:CI(>ZMH/"MZ]K)%>6Z%>5_8YN_%FL_P#!
M7[_@A%\;[_P1\<;/X=ZC^PYKWP]AC?\`9J^)/PQ^#/P>\3KX2^-F@0_`;X.:
M%?\`AN2_3X7^$W\0^'-+;Q'K-]J<FJR3RZ]?:Y/!=AH?]!"B@#^/G_@DAX#\
M.>)O^"]W_!<WQ9XU\!+JWAKXD7FFZ/\`#K7O&/@J^D\->._#5IXR,?C^Q\+W
M_B#2!9>)-)&I:/X<-XL#S1R?8K>4>9$H<>*_##QCX0_8B_X*X_\`!8#]FC_@
MI_\``KQ]X[_9G_X*;^+?"OQ&^"_C$?`[XA?&[X??%/1=!U+Q%<^"?A;%8>`/
M#&K7-[=0:)XKM=*MH(8,Z3JOP]C@D^RB:QG;^W"B@#^./]N+0=)L?^#@;_@A
M)JW@?X5^(_A[\(_A1\![GP_J&@'P)>Z;H'P2TO7=$^)>D?#GP/XK_L2VN=+\
M$ZA%%/HUE#8M=XM'\E-RKY;GT;_@VEM-5TS]I_\`X+@3ZUHWB/1+?X@?MNW7
MQ#\#7'B'P[K^@6WC'P5?>./C@L'BSPS-K>G0)K6C2&_TXF>W,@"WUNS[5FB+
M_P!:U%`'Y*_MQ_MI_P#!/[3?C#IW_!._]O/X<>(;SP;\<_AS:>*M.\6_%;X,
MZMXA_9;\5W%QJVKZ;;^"#\2X+>YM]&^)-M+H\MU&9(K1;(W-D8]2AOKJTAD^
M,?\`@@!^Q1K'_!/GX7?MY:A?ZGXI\)?LE_$G]KSQOXT_9(T'XFS:GIFL6'[/
MOAV.3P_X>^)>JZ7X@BANM"@\16:Z:+4W\%M?W^G^%['5+FWC%_#G^CBB@#^/
M?_@V$U/_`(1;XP?\%C(/$6D>)]!O/B/^V+J_Q6^'-AKWA/Q)X>O?B!\/Y]>^
M+=U!XE\&0:]I=M_PD-D\-S:$BW+O']NM_-6,3Q%OVW_X)=_\%5/`'_!3W0?C
MQ=^&O@A\9_V??%G[/_Q$L?!/BWP!\;=%@T;Q)/IGB&TU&^\(^)X(8"#;"\AT
M76H[BRE0365QICQF2>)XIY/U1KQKX3_`_P`)?"34?B-XFTVXU;Q#X]^,'BNW
M\9_$_P`?>))K6X\1>+=9T[1-/\,>'[63[#:6]MI7AS2?#&DZ;IVE:;:00VMG
M;6K/MEO+F\N[D`_GG_X+Y_\`!33X??"VX\.?L`:E\'_VM_BOX(^+>FP:E^V'
MJO[+7PTU#6_$FF_`Z]B^U0?!/P]XPU2>QT[3/$'CA8A9:Y=VUY)>:-X5N;SR
M(EU'5K">T^)O^"EGA_QS_P`%8_\`@BI\*/C[^S%^QU\4O@9X._8U_:M\&>-?
MA+^S-JOA06'Q7U']G3X,^&9OAEXOU#3_`(=:'%(MK/83ZWK-Q8:5IS7DDFC>
M"FE@:>YE6WK^U:B@#^6K]G3X,7/[67_!Q;\0O^"C'PR:?Q#^RU\#?V)O`WPJ
MT?XMV]CJ-OX1\:?&KQOH'EWG@WPCJE]:PIXAN='\%^(=6EUMK;S5TJ\>WL+T
MPWDGDKX%\(O$NE3_`/!V_P#M!?%6,:K_`,*N\2?L?Z+\*O#_`,27\/>((_A_
MK?Q&L_!'P6:Y\'Z7XSDTP:;>ZPK:-J\>Q+DJ9]-FME8W"&*O[$L`=!CJ?Q)R
M3^=%`'\WG_!0KXY_\$N_^"C^B_M>_L`?M/\`PQ^(^C?M!?`*R\=Z/\)(_B'\
M"/%>G_$;7_'":%<0^'?B+^R!XDTG3KR7QQ#<^((]-BM[6TF@EUNW:+[1IMSI
M-SYI^]_^"*7[-OQO_9&_X)>?LA_`#]HRYO&^+_@;X>7K^*-%OM0CU6Y\$Q>)
MO%7B#Q7H/P[EOX9Y8Y9=`\/:WI6DND,LEO!)I+V]J[VT4+']3**`"BBB@`HH
MHH`****`"BBB@`HHHH`****`"BBB@`HHHH`^)K3_`)2.>(/^S)O!_P#ZO;QS
M7VS7Q-:?\I'/$'_9DW@__P!7MXYK[9H`****`"OBW]KC_D??V%/^SSM'_P#6
M<_VD*^TJ^+?VN/\`D??V%/\`L\[1_P#UG/\`:0H`^TJ***`"BBB@`HHHH`**
M**`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHH
MH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@
M`HHHH`^)K3_E(YX@_P"S)O!__J]O'-?;-?$UI_RD<\0?]F3>#_\`U>WCFOMF
M@`HHHH`*^+?VN/\`D??V%/\`L\[1_P#UG/\`:0K[2KXM_:X_Y'W]A3_L\[1_
M_6<_VD*`/M*BBB@`HHHH`****`"BBB@`HH_S_G\C10`45Y1X^^+_`(>\$W]I
MX8LK/4O&OQ%U:W:XT+X<>$HX+[Q+>P[A$NI:F9IX[;PKX;69@)=4U2:ULDVL
MJ2RS!86Y*Q\"_&KQ8)-<\;?%C4?A[=W9#6/@?X56'A2]T7P]:')6VU3Q1XT\
M)7UWXKUH@IYUU%#IUF&39;V2J&FE`/H2BO"_^%1>-/\`HXCXP?\`@%\)O_G9
M4?\`"HO&G_1Q'Q@_\`OA-_\`.RH`]THKPO\`X5%XT_Z.(^,'_@%\)O\`YV5'
M_"HO&G_1Q'Q@_P#`+X3?_.RH`]THKPO_`(5%XT_Z.(^,'_@%\)O_`)V5'_"H
MO&G_`$<1\8/_``"^$W_SLJ`/=**\+_X5%XT_Z.(^,'_@%\)O_G94?\*B\:?]
M'$?&#_P"^$W_`,[*@#W2BO"_^%1>-/\`HXCXP?\`@%\)O_G94?\`"HO&G_1Q
M'Q@_\`OA-_\`.RH`]THKPO\`X5%XT_Z.(^,'_@%\)O\`YV5'_"HO&G_1Q'Q@
M_P#`+X3?_.RH`]THKPO_`(5%XT_Z.(^,'_@%\)O_`)V5'_"HO&G_`$<1\8/_
M``"^$W_SLJ`/=**\+_X5%XT_Z.(^,'_@%\)O_G94?\*B\:?]'$?&#_P"^$W_
M`,[*@#W2BO"_^%1>-/\`HXCXP?\`@%\)O_G94?\`"HO&G_1Q'Q@_\`OA-_\`
M.RH`]THKPO\`X5%XT_Z.(^,'_@%\)O\`YV5'_"HO&G_1Q'Q@_P#`+X3?_.RH
M`]THKPO_`(5%XT_Z.(^,'_@%\)O_`)V5'_"HO&G_`$<1\8/_``"^$W_SLJ`/
M=**\+_X5%XT_Z.(^,'_@%\)O_G94?\*B\:?]'$?&#_P"^$W_`,[*@#W2BO"_
M^%1>-/\`HXCXP?\`@%\)O_G94?\`"HO&G_1Q'Q@_\`OA-_\`.RH`]THKPO\`
MX5%XT_Z.(^,'_@%\)O\`YV5'_"HO&G_1Q'Q@_P#`+X3?_.RH`]THKPO_`(5%
MXT_Z.(^,'_@%\)O_`)V5'_"HO&G_`$<1\8/_``"^$W_SLJ`/=**\+_X5%XT_
MZ.(^,'_@%\)O_G94?\*B\:?]'$?&#_P"^$W_`,[*@#W2BO"_^%1>-/\`HXCX
MP?\`@%\)O_G94?\`"HO&G_1Q'Q@_\`OA-_\`.RH`]THKPO\`X5%XT_Z.(^,'
M_@%\)O\`YV5'_"HO&G_1Q'Q@_P#`+X3?_.RH`]THKPO_`(5%XT_Z.(^,'_@%
M\)O_`)V5'_"HO&G_`$<1\8/_``"^$W_SLJ`/=**\+/PB\:$$?\-$_&$9&,BR
M^$V1[C/PQZU[1IUK-8Z?8V5Q?76J3VEI;VTVI7PMEO=0E@B2.2]NULK>&$7,
MK*7<111Q[G.R-%PH`+E%%%`'Q-:?\I'/$'_9DW@__P!7MXYK[9KXFM/^4CGB
M#_LR;P?_`.KV\<U]LT`%%%%`!7Q;^UQ_R/O["G_9YVC_`/K.?[2%?:5?%O[7
M'_(^_L*?]GG:/_ZSG^TA0!]I4444`%%%%`!1110!^6/_``4FA_99UJT\">$_
MB_\`%[PG\)/C7JL^GZK\%O''B'XGW/@76/A%;>&O%FBZUXG^+?@FVCUVU63Q
M3`EK:65JL<4\^KW4]IHTB/IDVIJN%H&J>%_`O[=WQ5^/5_\`%#X-_%?X;7/P
MO^*7_"S_`!U+;QZ#\0?V,+/X1V_@F2;P1XR\1:=XGETRZ^&^H6L.OW,EOJND
MZ;KUAJ6FSW:7>H6%Q>+9_J_<:=I]W)'-=6-G<S1;?*EN+:":2+:Q9?+>1"4P
MQ)&",$YZTX6-D!=@6=J!?DF_`MX@+TF)8";OY/\`228%5#OW?(H7H,4`?B'X
M1\1_%75?VP]%U"TU/5;[Q]JO_!13X@VFI)!=7,MA-^P8W[$2ZSX,NEAC?R6^
M%DOC*7P1>6<^/LK^,[^X$;G4FN4K]QJA6WMTE\]((5G\E+?SEB19?L\;,\<'
MF!<^2KNY"YV@N2!DFIJ`/G/]EG0])L_@YX4\3P6,/_"2^.].B\3>-/$4V^ZU
MWQ3KUW+<--J>N:M<L\^HS@.R1+)(8[>("&W2*%5C7Z,KPG]F3CX#_#5!]V/0
MY84']V*'4[^*)!_LK&B*/916IXJ^-_A/PWXCN?"-AI?C'QUXFTRVM[S7]'^'
M?AB_\6S^%X+T;M.'B:XL<0:+=74:N]M;32K=311F=8?(Q(0#V*BO`O\`A?L'
M_1'OC[_X:_4?_DRC_A?L'_1'OC[_`.&OU'_Y,H`]]HKP+_A?L'_1'OC[_P"&
MOU'_`.3*/^%^P?\`1'OC[_X:_4?_`),H`]]HKP+_`(7[!_T1[X^_^&OU'_Y,
MH_X7[!_T1[X^_P#AK]1_^3*`/?:*\"_X7[!_T1[X^_\`AK]1_P#DRC_A?L'_
M`$1[X^_^&OU'_P"3*`/?:*\"_P"%^P?]$>^/O_AK]1_^3*/^%^P?]$>^/O\`
MX:_4?_DR@#WVBO`O^%^P?]$>^/O_`(:_4?\`Y,H_X7[!_P!$>^/O_AK]1_\`
MDR@#WVBO`O\`A?L'_1'OC[_X:_4?_DRC_A?L'_1'OC[_`.&OU'_Y,H`]]HKP
M+_A?L'_1'OC[_P"&OU'_`.3*/^%^P?\`1'OC[_X:_4?_`),H`]]HKP+_`(7[
M!_T1[X^_^&OU'_Y,H_X7[!_T1[X^_P#AK]1_^3*`/?:*\"_X7[!_T1[X^_\`
MAK]1_P#DRC_A?L'_`$1[X^_^&OU'_P"3*`/?:*\"_P"%^P?]$>^/O_AK]1_^
M3*/^%^P?]$>^/O\`X:_4?_DR@#WVBO`O^%^P?]$>^/O_`(:_4?\`Y,KXV_;:
M_:X^)G@OX7V-K\(_#_C;X7^)/%6KS:)-XT^(?P[N+8Z18?V=<W,LGA:*_O?L
MT_B%FC4(T\<R0Q[Y1$SJA`!^HU%?QC2Z]^TE/++/-^UA\;WFGEDFE?\`X3;Q
M8N^65VDD?;'XA"KEV8X4!1G``'%?2'_!-CX^_&"R_;`O-#\<_$#XY?%[0=+\
M$^/+7_A&H-7\3>.)+B\M;G1HK;5V\.W>K.BK$#+^^Y,1N``?G-`']5-%>!?\
M+]@_Z(]\??\`PU^H_P#R91_POV#_`*(]\??_``U^H_\`R90![[17@7_"_8/^
MB/?'W_PU^H__`"91_P`+]@_Z(]\??_#7ZC_\F4`>^T5X%_POV#_HCWQ]_P##
M7ZC_`/)E'_"_8/\`HCWQ]_\`#7ZC_P#)E`'OM%>!?\+]@_Z(]\??_#7ZC_\`
M)E'_``OV#_HCWQ]_\-?J/_R90![[17@7_"_8/^B/?'W_`,-?J/\`\F4?\+]@
M_P"B/?'W_P`-?J/_`,F4`>^T5X%_POV#_HCWQ]_\-?J/_P`F4?\`"_8/^B/?
M'W_PU^H__)E`'OM%>!?\+]@_Z(]\??\`PU^H_P#R97L?AW6AXBT33];72]:T
M0:A"9AI7B+3GTG6[+$CQ^5J&G2NS6LWR;@I)^5U/>@#:HHHH`^)K3_E(YX@_
M[,F\'_\`J]O'-?;-?$UI_P`I'/$'_9DW@_\`]7MXYK[9H`****`"OBW]KC_D
M??V%/^SSM'_]9S_:0K[2KXM_:X_Y'W]A3_L\[1__`%G/]I"@#[2HHHH`****
M`"BBB@#XT_;#\:_M,?#?PGI_CSX`7OPMO6\/:GX8@F^&?C;PMXCUWQ%\;-=\
M1>+M)\/P?#CPQK^C>*=/C^'UY-I=]>26NJO9ZT$OC#+>646FVEXTWB/PW_;@
M\8>+_C]X(\*ZCX?T2'X:_%K]I_\`:]_93\&V=K#<KXHT'Q)^R3HOBS4;OQOK
M&HO=M'?Z9KE_\+/BE$UJ+>'[)#-X>:.1G:^:?ZE^-O[-=K\;?$W@_P`43_&G
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M'BRY^)%O:ZCK#W.@_P#"V=0^&5C\&M7^+<FE+`@D^(%[\,[!=*N;HOY#QW=S
M<I:I?75Q=2?2U`'P3\#]=^(?Q$^%GA;X>?#I=3\"^&=#36=&\:?&"_TTPZAO
MM/$6KP7/ASX4:5JEN4U77?*01W.O7$4FE:>S,+.+4KQ62T^Q_`_@3PM\.?#\
M'AKPCIBZ;IL<]Q>W,CS3WNI:OJMZPDU'7-=U:\D>YUO7;J8;[F\NI9;B9^7<
MX`'G'[-&?^%)^#%)R8G\3P$YSDV_C#Q!`2,_PGR^!V!`KW:@`HHHH`****`"
MBBB@`HHHH`****`"D9E52S$*J@LS,0%50,DDGH`*6N2\?#/@7QJ!DD^$O$8`
M'4YT>\Z8[T`?G[\:?^"L?[(OP5\:7G@2ZUOQ7\0]8TOS(M:N_ACH=CXET+1]
M0BE:*32;G6[G6;2"ZU%"I,BVK7"1'Y))$E!C'E=K_P`%M_V0KB>*!O#OQQA,
MTD<,;/X%T1E,DLB1J&V>,20N7&3@X`K\6(;6T6*-5M+10$4`"U@`'RCH!'7@
M'QOBBCU+P/Y444>Z\N,^5&D>[%YIF,[%&?\`Z]`']T=M.EU;P7,881W$,4\8
M<`.$F19%#`$X;:PR,GFIJS](!&E:8"""-/L@01@@BVB!!!Z'-:%`!1110`44
M44`%%%%`!7Y4?\%7/^29?"O_`+'^_P#_`%&K^OU7K\J?^"K@/_"LOA6<'`^(
M%^">P)\-:A@9]>#^5`'X:U[/_P`$F_\`E(-KO_8C?%'_`-+M!KQBO:/^"38)
M_P""@VO8!./`OQ1)]A]NT$9/H,D?G0!_5Q1110`4444`%%%%`!1110`4444`
M%%%%`!1110`4444`?$UI_P`I'/$'_9DW@_\`]7MXYK[9KXFM/^4CGB#_`+,F
M\'_^KV\<U]LT`%%%%`!7Q;^UQ_R/O["G_9YVC_\`K.?[2%?:5?%O[7'_`"/O
M["G_`&>=H_\`ZSG^TA0!]I4444`%%%%`!1110!Y7\2_C)X)^$VI_"W2?&,VL
M077QB^)6F?";P4^FZ%J>K6<OC/6-$U_Q!I]IK-[8V[Q:#8R:=X:U8K<W3QPF
M6)(58RR(IQM"^//A+Q-\9?%/P4\/Z)XXU?5_!6FQW7BOQK8>%KNX^%VA:S);
M:9?CP3?^.TE-K%X[&F:SIETVEX,ZV]VLC`88+Y_^U%\*/'7Q2U3]F&[\$V6C
MW</PH_:C\!_%WQC_`&OK+:0\?@_PYX5\>Z%J1TA5T^X_M+6?M7BJQ>*V<P(Z
M02YN$8(&\D_X9_\`%VF_M(_$#]J?P-\"OAK\._B1HG@;XK^#H5\+?$5=('[8
M(U1?#FH?"V;XV7NE?#V*/PW/I^I>'91'J-_:^(=4T8ZU-!87%Q8/=1W0!]#6
MW[3WPAN_BR_P;@UVZ?Q0OC*_^&<>H_V=/_PBUQ\5-*^'EK\6]3^%]OKP/ER^
M-X/AC>1:W);;?*%HDL8G-W!-;1_05?EGX:_8F^(=M\<]!\3:K?>'[/X=Z9^V
MOXN_;QEN[76KN_\`$?\`PEGC?]FN\^#-U\(_L3:1"D]E9>-M?\0:JNK^<L<^
MD6MC8BSCN&F:+]3*`/BGX6?%8>&?A7X+\">#-%?QW\6-5D\9W&F^#+2Z%G:Z
M-IP\?^)[5_%?CS6Q%(GA+PA'<(ZB>1)+F^DC-MIEK>7&Y$])T_\`9T\/>(A)
MK_QKNG^*GCS4@KWVHW,^JZ1X7T&`9:+P]X&\+6>I"+0O#\!9L/*UQJ%[(6N+
M^\GD*+%5_90\*>'/#GPG2_T31[+3]0\3^,/B)K'B/4(8LZAK>JCX@^*K47>J
M7LI:6[E2WACBC#L5ACC$42I&`H^EZ`/`_P#AE[X"?]$WTG_P-UO_`.6E'_#+
MWP$_Z)OI/_@;K?\`\M*]\HH`\#_X9>^`G_1-])_\#=;_`/EI1_PR]\!/^B;Z
M3_X&ZW_\M*]\HH`\#_X9>^`G_1-])_\``W6__EI1_P`,O?`3_HF^D_\`@;K?
M_P`M*]\HH`\#_P"&7O@)_P!$WTG_`,#=;_\`EI1_PR]\!/\`HF^D_P#@;K?_
M`,M*]\HH`\#_`.&7O@)_T3?2?_`W6_\`Y:4?\,O?`3_HF^D_^!NM_P#RTKWR
MB@#P/_AE[X"?]$WTG_P-UO\`^6E<UXT_9H^!=CX.\67EK\.]*BN;3PSKUS;R
M"]UHF.>#2[J6)P#J>"1(BGGTKZAKDO'_`/R(GC7_`+%+Q'_Z9[V@#^0J,DHA
M/4HI/U(%?/7QS4-J'@A6&5:ZNE8'H5:[TT,#CU!-?0D?^KC_`-Q?_017SY\<
MO^0EX&_Z_+G_`-+-,H`_L<TO]F'X#2Z9ITC?#?2=TEA9NV+W7,9:WC)ZZKZF
MN*^+/PG_`&:O@_\`#CQ=\2_$/PMBO](\(:3)JEU8:1/J\^IW[F6*UM+&RCGU
MF./[1->7%O&K22)&GF[Y'5%8CZNT?_D$Z7_V#K+_`-)HJ^8OVXO^34OC-_V+
M^F_^I+HE`'\S7Q"_:8_:*\2>,-:U?P)\+OA[\./"%Q<[=`\(1:?IWB2?2M.B
M`C@&HZ[K&JM+J>J2*/,N)%6*'S)&6"&.(*M<_P"`?VE_CS-\9/A9X&\;6G@9
M-/\`%/Q`\!:/J]A'X/TE9+K0O$'BO3=)OXH[NQNRUN\EI-=('1@Z$AE((!K3
MKR"V_P"3J_@-_P!E%^$7_JP=/H`_L#_X9>^`G_1-])_\#=;_`/EI1_PR]\!/
M^B;Z3_X&ZW_\M*]\HH`\#_X9>^`G_1-])_\``W6__EI1_P`,O?`3_HF^D_\`
M@;K?_P`M*]\HH`\#_P"&7O@)_P!$WTG_`,#=;_\`EI7YO?\`!2;X1_#CX<_#
MWX<7_@KPK9:!>:CXVO;.]N+:XU"9Y[5-`O9UA87EY(H7SD1L@`Y7KC(/[.U^
M5'_!5S_DF7PK_P"Q_O\`_P!1J_H`_#:O0/\`@F3X,\+^//V[M?T#Q=H]OKFC
MMX/^)=X;&YDN8H_M5M>Z(()]UI/&V]1+(`-V/G.1G!'G]>S_`/!)O_E(-KO_
M`&(WQ1_]+M!H`_H]_P"&7O@)_P!$WTG_`,#=;_\`EI1_PR]\!/\`HF^D_P#@
M;K?_`,M*]\HH`\#_`.&7O@)_T3?2?_`W6_\`Y:4?\,O?`3_HF^D_^!NM_P#R
MTKWRB@#P/_AE[X"?]$WTG_P-UO\`^6E'_#+WP$_Z)OI/_@;K?_RTKWRB@#P/
M_AE[X"?]$WTG_P`#=;_^6E'_``R]\!/^B;Z3_P"!NM__`"TKWRB@#P/_`(9>
M^`G_`$3?2?\`P-UO_P"6E'_#+WP$_P"B;Z3_`.!NM_\`RTKWRB@#P/\`X9>^
M`G_1-])_\#=;_P#EI1_PR]\!/^B;Z3_X&ZW_`/+2O?**`/`S^R[\!""#\-])
MP>#_`*;K?_RTKV_3=.LM(T^QTK3;=;73],L[:PL;5"[);V=I"EO;0(TC%BJ0
MQHH+$G"\DFKM%`!1110!\36G_*1SQ!_V9-X/_P#5[>.:^V:^)K3_`)2.>(/^
MS)O!_P#ZO;QS7VS0`4444`%?%O[7'_(^_L*?]GG:/_ZSG^TA7VE7Q;^UQ_R/
MO["G_9YVC_\`K.?[2%`'VE1110`4444`%%%%`!30REB@92ZJK,@(W*KEPC%<
MY"DHX!Z$H<=#7P)^W1/:V?BC]A"\DO9[*Z3]NOX8VD4D&HWMB);74/AU\7+2
M]MKR&UN$2^L)&>U1X[A9(1(\)VB7RF'PWX!\:>/?`G[46F^-?B!KNJ^'M5\)
M?M4?\%&O$O[4^N:Y/=V^C^'?V,/#/@74-1_9_P!6\1RS`QVO@:WTZT_9VN="
MD(""5M;:TS,VM9`/W?WIO*;EWA0Y3<-X0D@,5SG;D$9Z9%.K\./".L?%75?V
MP]%U"TO=6O?B!JG_``43^(-QJ<T,MU+:3?L%7'[$8O?!=R-I\H_"J7QI+X'F
MM'XM3XUN;GRS_:?VH#]QZ`/G;X&Z]HOACX&IXA\1ZKI^AZ%H_B#XKW^JZOJM
MW#8Z?I]G!\4O&K2W-W=W#JD,2CNQ')`&20*ATWQ+\9/BQ+)KO@.;2?A3\.EC
MQX<U;QUX+O\`Q%XR\>!V7_B?)X5?Q#I9\&>%FC!-D+UI-2O5D%Q-:6$7EK/Y
MK\!/A1-XPT:'Q-\2-7@\2^&?#GQ+^*]Q\-_AU;VKV_A/0[BR^+7C40^*?%%K
M/(__``E_C)+E9C9O<`6&E)L:QM%O0UZ?MF@#PG_A#_V@_P#HMW@?_P`,E/\`
M_/2H_P"$/_:#_P"BW>!__#)3_P#STJ_(/_@J#\=OCEJ?Q#U'X!>!OB!<?#'P
M)HVF^'M3UN[\*B^M/%?BR]U73X-5CM[_`,0VM]#-INC0-*@6UM#'Y[ION99%
M"1)^.FM)\:_#VCZIK<?[1/Q9E?3+&XO!%'XX\;6[RB%"3$)E\3'R]PXS@_2@
M#^P?_A#_`-H/_HMW@?\`\,E/_P#/2H_X0_\`:#_Z+=X'_P##)3__`#TJ^$O^
M"-?BGQ3XO_9,UK5?%WB?Q'XLU5/C-XTLTU3Q1KFJ>(-26TAT/P>\-HM_J]U-
M*MJCRRE(P^Q3*Q506.?UCH`\)_X0_P#:#_Z+=X'_`/#)3_\`STJ/^$/_`&@_
M^BW>!_\`PR4__P`]*O=J*`/"?^$/_:#_`.BW>!__``R4_P#\]*C_`(0_]H/_
M`*+=X'_\,E/_`//2KW:B@#PG_A#_`-H/_HMW@?\`\,E/_P#/2H_X0_\`:#_Z
M+=X'_P##)3__`#TJ]VHH`\)_X0_]H/\`Z+=X'_\`#)3_`/STJYKQIX2^/<7@
M[Q;)=_&?P5<VL?AG7GN+>/X,36\D\"Z5=F6%)S\37\AV0,`^Q]I;=L;&T_3=
M<EX__P"1$\:_]BEXC_\`3/>T`?R$Q_ZM,<#8N!UQP.]?/?QSS_:'@C:0K?:[
MK:Q&X*WVO3<,5R-P!QQD9QU%?0D?^KC_`-Q?_017SS\>1BY\&MG_`)>+]<?]
MMM/;.?PH`_LETOPC^T`VF:<R?&SP.B-86;*O_"DYCM4V\9"Y'Q0`.!Z`?0=*
M^>?VP?#7QFL?V;/BO=^)?BMX3U_0X=#L&U'1]/\`A5+H-Y?1'7](1(X-7;X@
M7@L7$S1ON^S2Y$97:-VX?>7A[_D`:'_V!],_](H*^:?VXO\`DU+XS?\`8OZ;
M_P"I+HE`'\QM>+R1W<O[3_P2BL+F*ROY/'?PJCL;R>V^VP6EX_CNR6UNI[+S
MH_MD,<YC=HO,C\Q4*;TW;A[17D%M_P`G5_`;_LHOPB_]6#I]`']A1\'_`+06
M3CXV^!P,G`_X4G.<#L,_\+1I/^$/_:#_`.BW>!__``R4_P#\]*O=J^+?V_/'
MOC7X=_LX>(-9\!>)=1\(:]J&N>'_``^=?T;[/'K%CIVKW,L5^VE7=S!(-/OF
MB3:EPB>;#N+1,DFUU`.RO;OXF:;=3V.H_M/_``=L+ZV?R[FSO?AGI]K=6\F`
MWESV\_Q=5XGP0<,`<$465W\2]2NH+'3OVH/@Y?WUU((K:SLOAII]U=7$I!81
MP6\'Q=9YI,*3A03@'BOY)+_X*^#M5O;O4]5N?$NJ:GJ%Q+>7^I:EKDE_J%]=
MSN9)[J]O;JW>6ZN7D9F>21F9B222:[G]BGPWI7AC_@H3^S_I&EQ2"TM/'EH\
M)N'6:<-/X3U::0M*$7/SR-C@8'%`']9G_"'_`+0?_1;O`_\`X9*?_P">E7YN
M?\%*=$^)6E?#SX;R>.?'_A[QA9R^-[U+*UT?P!)X0FM+H>'[UFN9KM_%^I?:
MXC"'7RA''@N'WG;MK]F:_*C_`(*N?\DR^%?_`&/]_P#^HU?T`?AM7H7_``3&
ML/%.I?MWZ_;>#O$>F^%M9/@[XENNJZKX<;Q3:"V2]T7SK?\`LI=:L"9'8QD2
M?:!L\LC8V[CSVO9_^"3?_*0;7?\`L1OBC_Z7:#0!_2'_`,(?^T'_`-%N\#_^
M&2G_`/GI4?\`"'_M!_\`1;O`_P#X9*?_`.>E7NU%`'A/_"'_`+0?_1;O`_\`
MX9*?_P">E1_PA_[0?_1;O`__`(9*?_YZ5>[44`>$_P#"'_M!_P#1;O`__ADI
M_P#YZ5'_``A_[0?_`$6[P/\`^&2G_P#GI5[M10!X3_PA_P"T'_T6[P/_`.&2
MG_\`GI4?\(?^T'_T6[P/_P"&2G_^>E7NU%`'A/\`PA_[0?\`T6[P/_X9*?\`
M^>E1_P`(?^T'_P!%N\#_`/ADI_\`YZ5>[44`>$_\(?\`M!_]%N\#_P#ADI__
M`)Z5'_"'_M!_]%N\#_\`ADI__GI5[M10!X3_`,(?^T'_`-%N\#_^&2G_`/GI
M5Z]X?M=;LM&L+7Q'J]GKVMPPE-1U>PTDZ%9WTWF.PF@TAM1NS8IY9C79]IEY
M0MNYP-BB@`HHHH`^)K3_`)2.>(/^S)O!_P#ZO;QS7VS7Q-:?\I'/$'_9DW@_
M_P!7MXYK[9H`****`"OBW]KC_D??V%/^SSM'_P#6<_VD*^TJ^+?VN/\`D??V
M%/\`L\[1_P#UG/\`:0H`^TJ***`"BBB@`HHHH`0JIZ@'Z@'T/?W`_*FM%$Q<
MM'&QEC$4A9%)DB7?MC<D?/&/,DP#Q^\;CDT^OA/PO\?/BC<_MP^*O@;\0;#5
MOAMX"N/`^K:S\$-'UGX86-]I?QOMO"R^%1XS\:^&?CGH7Q2O8=/U/2[_`,1K
M#=>$-5\,:3J?V*6WU6UNKRV%WY`!]TB-`^\(@<HL9<*`^Q22J;L9V`LQ`Z`L
M?6GU^86E?MN^,]0^/]AX??1M'3X7:O\`MR>-OV$[+1UL+G_A*8==\&?LXZA\
M:G^*<VL&]V20S^+]!UW1SIWV984TI[345G:X\V-_T]H`\-_9V&WX:-'U6+XB
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M.B>$(QI?BO1KG0-;A^S>'[2`R7&F79WQ1.4W1L>'0AAP:^$_'O\`R)7BG_L"
M7W_HHU^AW_!1;_DZ[QM_V`/`_P#ZC-C7YX^/?^1*\4_]@2^_]%&@#]??^"/G
MQ1MO!G[*6L:3+X%^*/B1I/C%XRO?[0\&^!=5\1Z0HFT3PC&+9]1LCL6]4PDO
M%]Y%D0GAA7ZJ?\+^LO\`HDOQ\_\`#3:__C7Y]_\`!$G_`),]US_LMWCG_P!,
M/@NOV`H`\#_X7]9?]$E^/G_AIM?_`,:/^%_67_1)?CY_X:;7_P#&O?**`/`_
M^%_67_1)?CY_X:;7_P#&C_A?UE_T27X^?^&F\0?XU[Y10!_+;^U5^VK^V#\8
M?B)>3?"[QY??`KX>^'[F^T[P]X;\*^(+G3/$.I1I.8I-6\::G!8[KK59/)7;
M:1D6UDI,:B64R3R?&_B[]IO]NGP;IT6HZK^U/\5I8+FY^QQBR\>:K+()6AEE
M#,'MU"ILB;G.<XXKU+Q%_P`C%XA_[#VM?^G.ZKYV^/G_`"*>F_\`8;3_`-(+
MV@#^K/\`9Y_:(O+WX#?!F]\1>`_CYXIU^\^%_@:ZUKQ*/AOK^KC7]4G\-Z=+
M?ZPNJAC_`&FMS<M),+C/[X2B3^*N]\9_'>RN_!_BRU'PJ^.T!N?#6NVXGN?A
M5KT-O"9M+NHQ+/*QQ%"N[+,>%4$G@5M_LD?\FM_L[?\`9%?AI_ZB&DUZSX__
M`.1$\:_]BEXC_P#3/>T`?R%1C"(.#A%&1T/`Z>U?/'QZ.)?!IP3BZOS@#)/[
MRPX`'4U]#1_ZN/\`W%_]!%?/7QY_UW@S_KZO_P#T984`?V,:)\>K*'1=(B/P
MG^/3F+2]/CWI\)]?*MLM(5W*02"#CL:\!_:_^,5KXD_9M^*VAQ_#GXPZ*^H:
M'8Q+J?B/X<ZSH^B6A37](F\S4-3N/DM(B(BH9N"SJO4BOO;P]_R`-#_[`^F?
M^D4%?-/[<7_)J7QF_P"Q?TW_`-271*`/YC:\7DNA8_M/?!*]-O=W8L_'?PJN
MS:Z?;O>7]T+;QW93&WL;2/YKN]<(5BB7F21U0<FO:*\@MO\`DZOX#?\`91?A
M%_ZL'3Z`/[`S\?K($_\`%IOCX?<?";Q!C^=?%'[?WQ5MO&'[/.H:-%X"^*OA
MUV\7>%+D:EXN\!:MX>T91;W<Q,+ZE>'8EP^[$:=7(P*_5.O@#_@I;_R;#J/_
M`&._@W_TLN*`/YWJQ/V9]830/^"@OP8UF33M8U9-/\9Z=.VF^']-FU?6;P?\
M(CJ*>5I^F6YWWDWS[BJ\A$9N=M;=1_LD_P#*1WX$?]CUIW_J':G0!_51_P`+
M^LO^B2_'S_PTVO\`^-?F]_P4F^(]OXW^'OPXM(?!GQ(\,-8^-KRY-QXV\%ZE
MX8LKD/H%]%Y%G=7QVW-V"VXQKSL5FZ#G]G:_*C_@JY_R3+X5_P#8_P!__P"H
MU?T`?AM7H'_!,GQ1'X0_;NU_69="\4>(D7P=\2[;^SO"&A77B+6"T]]HF)_[
M.L_G^RKL.^3HA=`?O9'G]>S_`/!)O_E(-KO_`&(WQ1_]+M!H`_H]_P"%_67_
M`$27X^?^&FU__&C_`(7]9?\`1)?CY_X:;7_\:]\K\X/^"B/[2?Q8^!/A;P?H
M/PANO#V@^(?B`OB&.;QEK>F2:[=>'+;1UTI=^B:,\J6TVI2'4VVRW7G10B'/
MV>1F!4`^H_\`A?UE_P!$E^/G_AIM?_QH_P"%_67_`$27X^?^&FU__&OYB_\`
MAH3]N%CS^V'\1<D\XM-+`Y/8"R``]AQ7VI_P28_:8_:'^,'[2'Q(\&?%SXP^
M+_B)H&@_#'6-0L=-U^:Q>SAU>R\8^'-,34X8[:QC9)_LMQ=(`7("SD8)YH`_
M:#_A?UE_T27X^?\`AIM?_P`:^0?VL/\`@ICX)_9S\-2V.G_#GXAZE\7=7L([
MSPEX(\8>$M9\*6$UG+<36K>(-;U%XW:WT6*:WG79$#<7,D?EQ*JB2:+].J_`
M'_@J)Q^T+X>(X)^%^A9(XSCQ!XHQF@#PN7_@N5^T,(V9/V?_`(8Q%1N,DU_X
M[>-57)8L`Z8&.^X`8YK[Z_88_P""E'C7]IJV^([^/O@WJ=O/X.G\-)I[?!WP
MWXH\86[QZVFLM.NNFYN)#I\P.F1&#!`E#R\#RLM^('B++>']=4DX.BZJ#S_T
MXW%?HM_P07E79^TO#SOW_"V7IQM\OQLG7US0!^TO_"_K+_HDOQ\_\--K_P#C
M1_POZR_Z)+\?/_#3:_\`XU[Y10!X'_POZR_Z)+\?/_#3:_\`XT?\+^LO^B2_
M'S_PTVO_`.->^44`>!_\+^LO^B2_'S_PTVO_`.->Q>'=:3Q%HNGZW'IFM:.F
MH0F9=,\1:9/H^M68$CQ^7J&F7/SV<WR;@K<[75NAK:HH`****`/B:T_Y2.>(
M/^S)O!__`*O;QS7VS7Q-:?\`*1SQ!_V9-X/_`/5[>.:^V:`"BBB@`KXM_:X_
MY'W]A3_L\[1__6<_VD*^TJ^+?VN/^1]_84_[/.T?_P!9S_:0H`^TJ***`"BB
MB@`HHHH`*^>;O]G#PWJ&H?$#6=1\??%V_P!=\::=X[TKP_KUQX\NO[:^#EC\
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M/&D'PRNTUF2'RQ;_`&>&:!;EKZ":U3Z(H`\._9[)'@+5XCG?!\6?CI"X/.UE
M^,_CMB`>XPX/''->XU\9?#OXM6?A;0/$'@SPMH=_\1/B=>_%SXZ7%IX%T">&
M)]+M)?C'XW2+6_'&O3*UMX%\.;\?Z1>_Z1<9*Z=9W\P\D^C6'P5UKQ6TFO?&
MCQSXEUWQ%=*HM_#WP^\7>,_AYX`\(6Q.\Z;H5IX9UJRO?$-QN.)]3U:::XN#
M&IAM]/AQ:J`?B/\`\%%O^3KO&O\`V`/`_P#ZC-C7YX^/?^1*\4_]@2^_]%&O
MTO\`VSOV??B%'^T#XG3X>_#7XJ^*/"O]D>%C9:REAXZ\>K<3G0[7[;&/$VK/
M?3WGEW0D38URXA*>6H0+M'QUXH_9M_:&UOP[K.CZ7\#OBM<ZEJEA-86%NW@7
MQ#;+-=W6(8(WN;NQCBMD,CKNDE=(T&6=U4$@`_6/_@B5_P`F>:Y_V6[QS_Z8
M?!=?L!7YB_L+_L%2_`GX#6'A/XOZQKMSX[U?Q#JGBS5K'P+\2_B-X:T+0!J]
MGI<$.@&/POXHLK35]0MUT\_:+Y(`)9)C&CRPQ12-]C?\,Z?#?_GZ^)W_`(>_
MXS__`#>T`>$_M8_\%#/@!^R)J&D^&_&]YK'BOQQJJI=-X'\#QZ=J6O:/I,B,
MT6L>(/MVHV\.CVLK!5MXY91<7&[?%"T2M(OQ_%_P7-_9A=?WGPY^-B/D_(FC
M>$)1@=#N'C`?RKYR^-?[!7QUU[XO?$K6O#7P9N/$'AW4_&6N7.@ZWJ^O^&M8
MU/4]%:\D72[F\U3Q)KTE_>RFR6$;[N1I]J@.<C%>.ZM_P3(_:;\<16/A:T^%
M.B>"CJVL:5#=>+-7U+PG'IOA_3DNTEU'4[I=&U"6[N4CM4D(@MXVEG;;$NW<
M6`!_1W\!?C-X<_:$^$?@OXR>$=/UG2_#GCFQO-0TJP\0P6MMK%O#9ZK?Z1(M
M]!97<\4<AN-.F90DSC8RDD$D#UZOCSX+_L5?#+X/_"WP7\-8M?\`B7KO_"*:
M0MA/K,?Q2^)7A>+4[V:XGOK^]A\/>&/%]M8Z/!)>W5PT<%O"%C0J&>63?*_I
M_P#PSK\-_P#GZ^)W_A[_`(S_`/S>T`?RU^(O^1B\0_\`8>UK_P!.=U7SM\?/
M^13TW_L-I_Z07M?HYJ_[&G[3[ZMJSVOP7\72VKZIJ+6LK7.B2M+;->3-;R-+
M+K1>5FA*$LY+-G+$L36!)_P3;_::^,NN>$_!>K^"[[X;>'9]>2\\3>-O$4ND
MSVFA:'!:W"7<]GIUGJ<DNK:N_FI':VRA4>60--+%"DC@`_H/_9)!'[+?[.V0
M1_Q93X9GGC@^$-)(/TP1^=>L>/N?`OC7'_0I>(__`$SWE>)^#/V3OA9X*\(^
M&/!]AJ'Q0N;+POH&DZ!:W#_&7XK6#W$&DV,%C%.]EI'C&WM;1G6$,8[:"&!"
MVV*)$"J+'BC]G#P+/X9\10:8_P`2[G4IM"U>+3[>3XU?%Z=+B]DT^X2TA>&]
M\=F&57G,:E908V#8<%2:`/Y;8_\`5Q_[B_\`H(KYZ^//^N\&?]?5_P#^C+"O
MTP3]A_\`:PV+GX+ZX#M&?^)WX.'.!G@>(^.:S8_^"77[37QG\;>#M&\3:!!\
M*?!^FRWEWXE\8:_J&C:K+;6;R6>+30]$T35I9=4UB58I!&LC6]O'MWS3J,*X
M!_3EX>!&@:&",$:/I@(/4'[%#P:^:?VXO^34OC-_V+^G?^I+HE=E9_LV_#>T
MM+6U^V_$Z3[-;06_F?\`"[/C)%O\F)8]_E1>/`L>=N=J@*,X`Q7B_P"TE^S%
MINL?!#X@Z;\.;#XA^(/&MWI=FGA_1[[XN_$?6+2^NEUC39)8YM-\5^-Y-/NU
M%HEPX6Z1D!C#*-X0T`?SAUY!:@G]JOX#`#)/Q%^$(`'4G_A8.G\5^A/_``P_
M^U?_`-$8US_P>>#O_FCKNO@9_P`$K?BO\0?CAH?Q`^.<%]\,?A]X%D\/ZC#I
M=AK%A)XR\8ZWI&HR:I;V6G7FA7\W_"-Z1'*EL9[[S5NR6\NS1'#7,(!_1Y7P
M!_P4M_Y-AU'V\;^#<_\`@;<#^=?19_9U^&Y)/VKXG<^GQO\`C/C_`-3VOE?]
ML?\`9?DUGX+7EE\)=$^(?BSQ>?$GAZ6+2+WXG>//%$+Z?'<2F_N#I7C/QC/9
M,T<94ARGFIG,9!S0!_/W4?[)/_*1WX$?]CUIWZ>#M4)_2OI__AC+]J;_`*(G
MXM_[_:!_\N:]7_92_P""8?QCU3]H;3_C;\9$G^&7@OP;J=M=Z;X<AU>ZM_'/
MB^]@T5[`K;WWA;5HI/">D1S3L6NA=B[F,7EQ0")VEH`_HNK\J/\`@JY_R3+X
M5GM_PG]__P"HU?\`^!K[C_X9T^&__/U\3O\`P]_QG_\`F]KXG_;<_9,\1>*?
M!W@JV^"?AOQIXNUBU\475QK5KK7Q.\3>(8;32VTBYCBN(8/B%XPG@MY3>&)2
M]N%F(8J3L)%`'X5U[/\`\$F_^4@VN^W@;XHY_P#`[0:],_X86_:P_P"B/ZC_
M`.%'X/\`_E_7TK^PM_P3$\=^`OB;XD^./QWU:X\,RZE!XBTKPW\.O"/B?6-,
MU];36;NWD.L>)/%_@[6K9K$^5:KY6GVMQ.K^=ONI%9%A`!^[%?C7_P`%90?-
M^!YP<%/'@![$@^%LC/KR/SK](/\`AG3X;_\`/U\3O_#W_&?_`.;VOSS_`&[/
MV4_&&O2?#4_!7P;X^\:BV7Q1_P`)";_QUXC\7_V>93HG]FB(^//%=P;#S-E[
MG[-M\SR1YN=B8`/Q@7J/J/YU]+?\$503^UW\9"`2!\*?$I)QT'_"PO"XR?3D
MC\ZE'[&7[4P(_P"+)^+>H_Y;:!_\N:^G?^"=G_!-WXI_#7QSXU^+7Q\1_"6G
M^)]!U/1?#_@?PWXX\2Z+XSA>]\06&JQZMX@UCP+K-K':VGV6SD1;#[7<L7F6
M29(GB44`?O/7X`_\%10?^&A/#O'7X7Z&1[C_`(2#Q0,C\0?RK]BO^&=/AO\`
M\_7Q._\`#W_&?_YO:_*#]N#]EOXD:C\6](G^$?PY^(_C+PTO@C2X[K59=9\1
M^-VBU==6ULW%F-6\5ZW=W,(6U:S;R%D$2F8NJAI&)`/R<UX;M"UM>F[1]3&?
MK8SC^M?H;_P07!\_]I<XX\KX6C/;)_X3;`_0_E7@&I_LA_M07FFZC9V_P+^(
M+7%W8WEK`KZ5#"C37%O)#$KRRW06)#(ZY9B%4<L0`37ZB?L&_P#!-:Q_9W\`
M:G??%;Q-XBU/XE^/$TB\\1Z5X(\=>+_"7ASPM#IL5T;/0K>\\(ZW8R>);Z-K
M^X^T7=P6A\S*6<:1`RS@'ZR5^-?[;?\`P43^+OPK\=:O\)?V??A]X=EU_P`+
M7MM!XG\=?$2Y6YTPSRVEM??V=X<\,:?J,$MPODW,8DO+JXC&698K9L"6OT@_
MX9T^&_\`S]?$[_P]_P`9_P#YO:_%G]HS]C_X[:E\;?B'?>`/A7XTU_P=<ZS"
M^@ZQ<ZY'KD]_:#2[!'FDU;Q'XAEOKUA<K.NZYD9P$"@[%44`>":Q_P`%4O\`
M@H)H.F7>KZE9?`J.RLHUEN'B\):A-(J-(D0*Q)XQRYWNO3US7[/_`/!.+]H[
MXC_M2?L[/\3_`(I#PZ/$X^('BKPT!X7TFXT;3/[,T>'2'L_]#N=1NF-SNO9]
M[^;AOE`5<<_B?XK_`&$/VM?%F@WWAO3/@QKUO?:R;2RM[C5=2\.Z?IELTE[;
M%KB_OGU=A:VD<:N\C[6(5#M5FPI_8']C_P#8.T?]G/X%6OA'XI^,]9UGQ+'J
MFM^+/$6I^#OB-\2O`GA'1TOX;5Y;&"VT?Q78P74%K!9$RZA-;02399I$5$3`
M!^DM%?GTWPYTSXPRR:;\$KSXF>'O`S,\&H_';6/B]\9;JVOHT9HKFW^$'AS4
M/'&SQ5=;PR+KMZ@T2!D,EG'K)!2/[;\$^$-/\!^%]'\*:9J'B'5K31[1+9=4
M\5^(-5\4^(]2D'S37VL:]K5S+<:A?2REG=F8*"^V-(XPJ*`=51110!\36G_*
M1SQ!_P!F3>#_`/U>WCFOMFOB:T_Y2.>(/^S)O!__`*O;QS7VS0`4444`%?%O
M[7'_`"/O["G_`&>=H_\`ZSG^TA7VE7Q;^UQ_R/O["G_9YVC_`/K.?[2%`'VE
M1110`4444`%%%%`!7Y0Z+^Q3\6_`'Q1TWQOX8F\&^*-'^"_Q\_;7_:T^$6E:
MKXCU/P]??$#XF_M7>%_&=II7PX\9ZC#X>O?^$2\-:5KGQ0^)$=SJT4>IR/:'
M0Y(;"22*\BC_`%>HH`_+OPU^Q)X\M?CAH7BC5M3\/6OP]TS]M+Q=^W=-+9ZM
M>WWB,^-?&W[-MY\%[KX4+;/I,*3:59>,]>\1:PNKF51<:9%8Z<+&*?SY4_42
MBB@#P&7]EKX`2:OXBUY?AEHEKK'B[6KSQ'XHU#3[G6-,N-?UZ_D>6[U?5CIV
MI1"^OWD=R9)`6`;`('%._P"&7_@3_P!"#;_^#WQ1_P#+NO?**`/!U_9D^!R#
M"^!8E'HNO^*@/R&N4']F7X'D$'P-&0>"#X@\5D$>A!UWFO>`01D'(/((Z$>M
M%`'@?_#+_P`"?^A!M_\`P>^*/_EW1_PR_P#`G_H0;?\`\'OBC_Y=U[Y10!X'
M_P`,O_`G_H0;?_P>^*/_`)=T?\,O_`G_`*$&W_\`![XH_P#EW7OE%`'@?_#+
M_P`"?^A!M_\`P>^*/_EW1_PR_P#`G_H0;?\`\'OBC_Y=U[Y44\\%K!-=74T5
MM;6T4D]Q<3R)#!!!"C22S32R,%BB6-69F8@*%))`%`'A'_#+_P`"?^A!M_\`
MP>^*/_EW1_PR_P#`G_H0;?\`\'OBC_Y=U[TCI(B21NLD<BJ\<B,'1T<!E=&4
MX92I!!'!!R*=0!X'_P`,O_`G_H0;?_P>^*/_`)=T?\,O_`G_`*$&W_\`![XH
M_P#EW7OE->1(D:21TC11EG=@B*,XRS,<`9(_.@#P7_AE_P"!/_0@V_\`X/?%
M'_R[H_X9?^!/_0@V_P#X/?%'_P`NZ]\HH`\#_P"&7_@3_P!"#;_^#WQ1_P#+
MNC_AE_X$_P#0@V__`(/?%'_R[KWRB@#P/_AE_P"!/_0@V_\`X/?%'_R[H_X9
M?^!/_0@V_P#X/?%'_P`NZ]\HH`\#_P"&7_@3_P!"#;_^#WQ1_P#+NC_AE_X$
M_P#0@V__`(/?%'_R[KWRB@#P/_AE_P"!/_0@V_\`X/?%'_R[H_X9?^!/_0@V
M_P#X/?%'_P`NZ]\HH`\#_P"&7_@3_P!"#;_^#WQ1_P#+NC_AE_X$_P#0@V__
M`(/?%'_R[KWRLS4]:T?1?[/_`+8U;3=*_M;4[71=*&I7UK8G4]8OA(;+2=/%
MS*OVS4IA#,8H(]TKB)BJD*<`'BW_``R_\"?^A!M__![XH_\`EW1_PR_\"?\`
MH0;?_P`'OBC_`.7=>^44`>!_\,O_``)_Z$&W_P#![XH_^7='_#+_`,"?^A!M
M_P#P>^*/_EW7OE%`'@?_``R_\"?^A!M__![XH_\`EW1_PR_\"?\`H0;?_P`'
MOBC_`.7=>^44`>!_\,O_``)_Z$&W_P#![XH_^7=+_P`,P?`H=/`4`_[COBC_
M`.7E>]T4`>"?\,P?`K_H0H/_``>^*?\`Y>4G_#+_`,"?^A!M_P#P>^*/_EW7
MOE%`'@?_``R_\"?^A!M__![XH_\`EW1_PR_\"?\`H0;?_P`'OBC_`.7=>^57
MDN[6*XM[26YMXKJ[$S6EM)-&EQ=+;*C7#6\+,&F$:R(7*@[`X+8!%`'A?_#+
M_P`"?^A!M_\`P>^*/_EW3E_9@^`H>-Y?AQI-XD<L4IM=3O=;U73YVAD65$O-
M-U+5);>^@WHI:*:*2-L892.*]ZHH`9'''#''##&D442)'%%&BI''&BA4CC10
M`B!0`````,"GT44`%%%%`'Q-:?\`*1SQ!_V9-X/_`/5[>.:^V:^)K3_E(YX@
M_P"S)O!__J]O'-?;-`!1110`5\6_M<?\C[^PI_V>=H__`*SG^TA7VE7Q;^UQ
M_P`C[^PI_P!GG:/_`.LY_M(4`?:5%%%`!1110`4444`%%%%`!112$@`DD``$
MDDX``Y))/08H`"0`22``"22<``<DDGH,5^7_`,:?VD/'_P`8_C7+^RS^SOXB
M^#/AQY_AE>?$/_A(/COHGB?7_AO^U7X;O7NO"OB[X8?!;Q#X)UFUCOM-T1-1
M+^,-<T^]O]5\.W\NDV7_``CMY:7]W=V_E?[8?[;MWXI\12?`7X!:M\+/%WA'
MQ;X:\6^$]?\`&4WQ(TRS\-_%_P`?R:??6WB;]D?X9_&_P#XYDB_9T_:G'@-M
M2U[P]/XPTQK'6+F&UL]/BFC@U>YL-;]B7]AJSBU2?X]_%SPA:>'M)\0^/G^.
M'PD_9^NM$N-(T+P#\0M5FUR?3OV@_%'PU\0Z2Q^"_P"T]=>#/$QT#Q)H_AC4
M6\+`Z.VHB"XU:]GN80#[-_8P\9^+?$/P7A\&?$AO"*_%7X'>(]5^"7Q+MO`O
MC1_B%X:M-?\`!MMIMUHBVOB^?2[&?5=0E\!:UX.N=06[L;.]M=0OKJSO+:*Y
M@D6OK*LG2=!T/0$OX]"T;2=%CU75M1U[4X])TZSTU-2US5YS=:MK-^MG"@O-
M6NKIFDN+F3=-/(Q>5V8YK49T3:&95+L$0,P&]R"0JY/S-A6.!S@&@#@?BI\0
M;;X4?#OQ=\1[SPKXZ\;VG@[1Y];NO"GPS\,77C3Q[K5M;-&)[;PQX4L9%GU[
M4A$[2"VA)E=(7\M7?"-^6O[4G[;W@OXC:/H_@?X7?'#X#^"O@Y\1?@D/C-K/
MQQ\;>);R;4M3^'\E[J\>F?\`"JOAK<V]C:?&H7'B_P`,6WA3Q/X4;7-(UM!X
MV>S=;"\6W2[YO]N']N"PU[7[+X)?"KQ[\5O"6@>'=0U[Q3\=_%'P-$.B?M#Z
M]\)O!>KZIX2\3^+/V/KW7_"&N:/\7Y?!_P`4="O;7XB>'[*V?Q9'I.DW*:#I
MU_+-&ESZ7^PU^RC\,?%'A?P]^T7XMU_P9\>$\?W)^)6@3R>!OAS=?#'Q+\08
M/%&M/X8_;/\`!W@YM`N!\%?CWXX^&">`;WQ?;>&[C2=/FUF&XU"XTN'59IGC
M`/K;]D'P=\?O`WPVU'0?C]X[OO'NI6WB2>+P1>:WX6^'?A3Q%I'@NSTO2].M
MM)U*Q^%DKZ.^F_VM9:K<Z2!)/J4.DZA9V^KW,^H13E?JVBFNRHK.[*B(I9W<
MA555!+,S$X50`22>!B@"*ZNK:RMKB]O;B"TL[2"6ZN[NZECM[:UMK>-I9[BX
MGE8+#`D2.SNQ"JJDD@`FOQ\^.?[8,GQE\>ZI\,_A5\9/@[\*O@SX5LO%%OXS
M^-/Q&C^&WQ>^"OQ$\3VRZ7X8O_V?_C9X*N?&FBZO\./"FO:1X^T#4_#.M6FI
MPOXJ2>)]-E>T$-MK7E?[:_[<7P%^,^D2_"^V^.@TC]F3Q!9>)?!_QDU?P?X$
M^*]]XX^(OBNT@O3_`,,^>`/&/@75]-UGX0?&V_2Y\"ZSX0:ZTR[L?&6DZM>W
M&F?VII]K-;W?MVF_\$\O%WQ4T#X,^+?C3XV\$:)\:?A?>ZSX53XJ^!OA/I6F
M>,_'7P'ET=_#G@X>*?#&H7@\._#_`/:0MO"WD0?\)-IFDW\7A=]2UJU\)V^G
M6^IL8`#ZV_8C\;>(O%/P*L?"_C77O!/BGQ]\%/$_B/X%^.O$7PWU#5=7\":M
MXA^&]Q#IT<_A[5=<47=XZ:'<:+#J*W!>>UUBUU&RFEEEMGD;ZZK.TC2--T'3
M++1](LX;#3=.MXK6TM8%(2*&)`B@DDF20@99V)=V)9V9B24UG6=(\.:/JWB'
MQ!J=AHF@Z%IM]K.MZSJMW!8:7I&D:7:RWVI:GJ5_=2+%96%O9P32S32,L<<<
M3.[!5)`!FZEXR\(Z/JDFAZMXI\.Z;K<7AO5?&4FC7VM:=:ZLGA'0[BSM-:\4
MMIL]RLX\.VEWJ%A%<WNS[-!+?0QRR*\J!OP4^*/QLUCXH^)OBSX`\#?'SXI?
M$?X&^+OC#X)3Q!'+\*-%\7?&W]D?XA_$&2PN/AE'J?P9\:?#Z=?C-^PWX[T[
M6=+F\-ZTNCZG-X5U6XM=4>[U72+>]/ASW/X_?M6_"/X[^,V^&_A/]KWX:_!R
MSU72?AM?_L_>+OAUJL.M_&?XT^,?'7B?PS9^`?$WPRM+S5CX>_:&_9T'C*3Q
M+H'CCP5;VM_-<7'@R[AUBYTN!H6/TO\`LE?L:Q_#36K#X[_&72O#%Q^T-<^&
M]5\/:9HGA9M*U7X;?`#0/$NHPZIXW^'WP!U9_!VEZUI_PTUG7M/L-5_LO6;G
M53HN(M&TJZ73K,-<@'T%^S!X1^+_`()^$&AZ%\;_`!WXD^(?C=+[5[TZUXTF
M\$W_`(TL=$U"]>[TCP]XLUWX<^%M$T3Q)KEA;RM!)?:?I-E!*B1IMG>-KNX^
M@Z*0YP<#)P<`G`)[`G'%`%+5-4TS1--O]9UG4;'2-(TJSN=1U35=3N[>PTW3
M=/LH7N+R^O[ZZD2*SLXK>.1Y)9&5$1"S,%!-?BE^T=^TIXN_:?\`%_BKX'_!
M_P`.ZOXA\*^$Y/AW\0O#OA?X>_'T_!/XP?M=?"#5[#6F\0?%_P#9/^+N@^+]
M.\.>)O">@^+)_!UO'%+XE@>6[T_5(]<L].2;PS)J_9_`7XP?LY_M%_L_^/OB
M?\2O'/B8_'E[VW^&7[2'P;U+XJ^)O#'C/X??'GX7>/Y=8T3X+Z=\*XO$,4/A
M;4[/Q[:PP>')+/3DE\2Z/JUK=7%SK%CJ1DE]G_8P_8`T?]G>2[\9_$VY\&>.
M/B>/%FN^)_"\'A'0M3TCX3?##6M>TZ;0?&?COX0>!?%&HZE+\,?'WCJU9M4\
M=OI=Y%I^H:OJ%P;.TMHGN'O0#[/^"FJ?$_7/AAX4UGXR>$;#P!\1M5M]0U#7
MO`UAXAM/%H\(6]WK&HS^'_#6H>*-._T7Q!K]EX:?1[?4[RT+V=QJ-O=26<DE
MLT4C>I45P_Q,^(OA;X1?#SQM\4_'-W=Z?X+^'GAC6O&7BW4;+3;_`%BYTSPU
MX=L)M4US4X]*TJWENM0%MIMM<SM%;12SND#+#%)(51@#6UKQ9X:\/V&OZCK&
MO:5IMKX8TY=4U^6XNX6;1K&6.>2VNK^VC<R11RK;3^2"H:=HF2$.W%?@EJG[
M0OQT^*,'P\\`Z3^TMIOBD7?Q$\<W?[-O[3'@WX)6>OVOQT\3>$)KV\US]GKX
M@?"S4/'W@_3?@O\`MK^!Y=!UM=.T_P`4R1^%O$NE6=[>7>C1:I9ZC9:=VOQ7
M^,?BC]I3XH^*=%^%Z?#?P3/XQ^'O@;XG_LT_#WXB:+X2N?AO_P`%6/@Y;>&=
M3U+Q?HVN_%6VDN9K-]-L?$EA%X<TFV-EXG\":F\/B[5['5_#VJG3[?[R_8\_
M8\TOX`R^+OBCXLO[OQ/\;_BTFAW7C7Q!J%GHVD7FGZ7H^G-;>'/#?B"Q\&31
M:#XT^(>FV5[=6&L^.H]/MM9\5_9HI+^06=O8V=J`?4/P@M?B59?"_P`"6?QB
MU;2=>^*-KX9TN#QSK6AZ7!HNF:KXABMU2]U"'2+6\N(--FE8!YH+:>6UCG>1
M;5VMQ&:]'HKRWXU>*-"\)?##QCJ'B#QEX@\`VUYHFH:)9^*_!VAW7BGQMH^J
MZS9SV&G7W@GPO8^']6G\1^+8)YA/8V<6EZB9)K4%[*XA62,@';^(]>M/#.B:
MIKEY#>7::;87U\FG:9;M>ZQJTMC97%Z-+T73HR'U/6)TMI$M[:/,DTA"("37
MX%>+/VB/&/[5=UX@\3Z%^UY\,_V?M3GB@\6_L_\`@"^L/#G[0WP,^)OP_P#A
MYIUE\4]&^*\,&D:1X?\`'?PQ^-/A_P`3/<Z+XM,EPEMI>IZ;::#!IFJW$J1W
M7%0>,O'O[;FJ_"SX2^./#WP;_;&\-2>`OB7H^E^+-?D\?_!;PW\=?`^A^*=`
MT0?M)_"/QSX<\":I<_LO_MC?#_Q=IZZ'\1_`VKV>C:G9WVM6FI^$=3M8"NGQ
M_JM\,?V$_"/@3XH:+\8]1\:^(]4\8W7A3X8'XK6-C8^&]+TKXR_%_P"&?AF?
MPSIGQ?\`B)KD&A#7/$.H+#<M=PZ.VIQ:`FL1C7Y-+EUEFO``?6GPN\;)\2_A
MI\/?B+%I>H:)'X]\$^%O&4>C:M:7=AJ>E)XFT.QUE-/U"QOX(I[.\A6]$<D<
MT4<J-&5DC1PRCNZ*9++'!')--(D,,*/+++*ZQQQ1QJ7DDDD<@(BJ"220``2>
M*`"22.&-Y99$BBB1I)))&5(XXT4L[N[$!$"@DDG``)-?BQ\0OVQ/VF;@Z/\`
M#>TU3]G[2?B2?$?B/XE?"KXCZ!XX\<0?L_\`[5OP3\+W-]>/_P`*J\1^#/!7
MC#5]>^*WA.[AL+/QS\,[:W&M:]:02ZIX9U,Z;<R166A\>_CYJWQM^)'Q^^''
M[,NAZ1X^G\'?"?P9JOQ>\(ZAX_\`%WAWQ5^UC\$=1M_'NE>(+']CG6+#6XM$
MT;5?#M]XDG`\::>]W;:CXOLH/!'B*/3(%LM9A],_8C_8I'@RZ\1_&+XHZ=IL
M2>/?'47QC\"?!:/PY>Z+X(\&^-+XZIJ&G_M`Z_\`"CQC:7?_``J+]K?4-#\3
M3Z7XJB\-7T6A6TFF-)90-?W5]>2@'WS\$/$7Q'\6?"?P-XB^+OAK1/"/Q(U7
M14N/%FA>&Y=;DT"WU!;BXACO-'B\2V-MJ6GZ?>645K>Q66I01:A8KJ`LKY?M
M4$I/JM%<5\1/B1X`^$?@[6?B%\4?&?AGX?>!?#L=K+KWB_QAK-AX?\.Z/'>W
MMMIMI)J.KZG/'!:))J%Y:PH7<;I+A$'+`4`7O%_C;P9\/M$F\3>/?%WACP1X
M;M[FRL[CQ!XOU_2O#6B07>I745CIUK-JVLW<$$5S<7L\$,"-(&EEF2.,,[`'
M\3?&7QL^-O[5_P`1-+N?@]\:?`/PC\8>&?%'Q`T3X,_#KX>Q>#/B_P#&G68_
M",EMX?\`B;X@\<>"OC%=^'M,^!GB_P`,:O/>Z/K#ZG9^);._L-8GM=+CBNY=
M-N]3Z+XKI^T[XRUGX76'P6TCPM?_``CN?B[JEC\/[O6/#>N_M'VWPM^)Z?\`
M">OK=E^U!IE_\01+\2_V9/'?@SQ6VK:1XF\-ZGIVI?#VZ?0$CMM3TJ<Q6_Z3
M_`+X`:;\,K67Q[XZT;X4>)?VF?&MI>O\8_CAX'^%FB>`]9\;7.I:]?:_#X=3
M4/,O-9NO`^CK=VFFZ-:ZIJVH3Q6&A6AGF><,U`'N/A.'Q);>%O#5OXRO=,U+
MQ?!X?T:'Q7J.BVLMCHVH>)(M.MDUV]TFRGD=[/3)=46ZD@B=V>.*1$9F()._
M17QG^U=\7_B/X1\/:KX=^&7PQUWX@WL,=@_CCPWI7B;4/AU\2O'7PR\1>'?'
M8\9P?LE^((7CC\:?M!^'M/T`:TNC_:M/86L$<<6H6M_>V$J`'LOQ*^-WA7X2
MZQH<'CV?2/"WA7Q-<Z=X7T#QSXC\7>%-!T/5/BOXCUBQTGP5\)+:VU358[L^
M*]9-Y))8R&#[$QMO(>X6XF@BD_%71?''C[]N_P"*$Q\"?M3IX(_:(\'VFMS1
M_"_X"V7AKP'XH^`/P^T/Q3HWAFYL?VE&^,GPV\<ZU\.OBW;>-_%?BB.XT#2C
MX;3X@>'O!RI<Q6B6(,5#2O"_C3]J_P"-VN^,/`FG?#WX@>%_CQ\,+[P[!KOB
M_2_BC\1_V/?VF_V0]'\0KX?N/!/Q@T>_EDUG]FK]N7X>ZGK-O;W[.ED?%<]K
M)97<4=Q:S1>"_P!S?@U\)=%^"OP_\-^`-'USQ;XO_P"$>TBPT:;QM\0];?Q9
M\1/$]OI<;V^F3^,?&%U`EUXFOK:P,5K#<71DG%M:Q1O([*78`])L8KJ"RLX;
MZZ6^O8;6WBO+Y;=+1;RZCA1+BZ6UC9EMEDE#N(U8A-^T$@9JU110`4444`%%
M%%`'Q-:?\I'/$'_9DW@__P!7MXYK[9KXFM/^4CGB#_LR;P?_`.KV\<U]LT`%
M%%%`!7Q;^UQ_R/O["G_9YVC_`/K.?[2%?:5?%O[7'_(^_L*?]GG:/_ZSG^TA
M0!]I4444`%%%%`!1110`4444`(2%!9B`H!))(```R22>@Q7XG_'K]L%OB!\2
M/C'\/?@7_P`(??>(K?PU!X:TVYU/XR02>"_VU?@]H^A:_;_&+X<?LI>.]!\6
MR^&OA?\`M2^#O$OQ%CBNTUBSDU9]0L=)MM1LSX;NH]9TGVG]LC]H7XG2Z5J$
M/PP\&_$6Z^!'PR\67-G^U/XM\(Z3IT'C_P`;_#6&W\6:%XYT3]E]M3MM0B\?
M>)O#.M^'=9?QGI*V=CKSZ5I=Q%X/GN]9,,3[_P"RA^R7XLT6STW5_CKXM^"_
MQL^'VCGPOXQ^!>C:7^S3%\+=8M_&$4\NNI^T5\5-+\7:OJ+I^TI=V=UIMK-?
M:78^'H].2RN%@L;<W?V6R`,S]CW]E?5+^QT7XV_M#Z3\.?&7C/Q-\./A=HMK
M=3_L_/\`!;QWXMTKX>:U;>-_A1XQ_:-^&NI^)=7TZR^/GAF_9TM)-.2WBT6[
MO]2.G_9X;B"TL?T\HI&954LQ"JH+,S$!54#)))Z`"@!:_`/]K3Q'^U/XITC]
MI;P9\5_V./VH_B!\,';5[CQ3XT\*_M8_LZ?`[X7^&OAM\-_'=_XV^&GQ&_9>
MBL]3NO&.I_%B+PW!X=EOK35[;38-3UA'T?5I7L#:6Z_1W[<7QN\9_$Q_%_[/
M'P>\?^`OACHFA^$_"/CSXE?&;Q%\13IMF=+\2WB/\./A_?>%=!TV/6M2^$WQ
M!UVUN?"EWXH\)Z_9>(-,N/[0;2(9KG3W2;[A\#>&[#X]>"/@S\3OC[^SS8?#
M_P"*7A-G\4:5X#\:WWAOQWK/PL\5SV-WH=__`&?XDT5Y;345>UD>2WF`5F1K
M2YFMK34(%BM0#Y;_`&>/V*M;N/%V@_&O]J#7_#'Q.\:^%-0T?6?AOI'AOPO;
M>%?AM>>(-"LM2C\*_M.^)?A-K.@2'X:?M77>D>+?%-EKG_"/ZI_8$?\`:<TM
MK:_:I1);??\`X#^'?@3X7>'E\)_#CPAX=\#^&5U77=<&A>%])L]&TO\`MGQ/
MK-]XA\1:H;.QB1&O[W7-2O[JYE(+RSW;NY)-=E10`UMVUMFW?M.S<2%W8.W<
M0,A<XSBOPB\8>/?$GA/]HWQS\`OV^M,^&>@Z;\>(?B';^'/CMJ,7C:^^$_[4
M'[+MUIFIK)^QW\,_#%GX@BN?A=\?=%@U."ZOM*^U7U]XH31I-;T&'69-8U6Q
MT#]WZY[7O"7A?Q3/X=N?$OA[1M?G\(^(+?Q9X7DUG3K34CX?\46=CJ&FV?B+
M2!=Q.+#6X;#5=3BANHPLT27\HC==[9`/@;]BC]D2?X7IX>^+WQ$N/$-Y\0[3
MP%%\//AQ'XHNKN#XG>"O@)>PZ'K_`(3^#/Q]\2Z'KQL/CWXP\':O_;VFZ'XB
MU.R_M"QTJ^EA,DNI7VL:A?\`Z-45XM^T/\4?$WP7^#'Q`^)W@WX5>-OC9XF\
M(:!>:MI/PS^'EK9WWBSQ+/;(7>'3;.\O8/MODP++/)!;F6^N$MFM]/M;N^EM
M[:4`]?OKVSTRRO-2U&Z@L=/T^UN+V^O;J5(+6SL[2)Y[FZN9Y"%A@C@C=W=B
M%54))`%?@1^VS^V'IW[0&A>&_"GPQUS3_B)^SM\1O$R^%M)T[X-_$!?`W[3W
MQ&\<>"M5\)W^J7'[/UUJWBFQM[CXY>"O'>L^#+V?X3^,]$BM/&OAD:EJ$EU-
MI<4EG+U7B.;7?VSOV:?&GQ'^!<VG?M6_#SQ3&9?CIID/@F;X.:%^W/\`#F&T
M8'P)\%/'FG^+(=<^$/Q;^'6I6VL:1I1O8[(7/B'PV-%\23"5[O5+#[K_`&4?
MV2Y/A??W7Q?^+&LS_$'X[^(=$T[PM>>/=7TZ#0?%>N>`?"USJ4?PJO?C5H_A
M_6)]`\;_`+26D^"=4CT+7/&]E:V\VH6]D;*S\G304F`&?LB?LES?":WU'XF_
M%FR\%7OQT\=WJ>)O&]OX!TRYTCX3V7CX1W^D:S\6O`WP]U5[F'X8_%7QAX=.
MB3>.GT6=;'4-3TX"-KH1R:A?_=]%8MUXD\/6.JIH5YKFDVNMR:-?^(DTB?4+
M6+4SX?TJXM+34]<^PO*)1H]O=7]C%-<E?)CDO8HW</(@(!P/Q1^.'PM^"\_@
M"W^)WB_3_!Q^*'C>P^&W@>\UF*_AT?5/'&L6=]=Z'X?OM>ALWL_#L]])8-:6
M4NHSVL%WJ-Y::;;22ZA>V=M/^&TG[7W[4OBC5H_%GP\^//B?0?A?KWQN\8>%
MO`J?%+X$Z!;^-/@Y^TG=^(+6'P]^Q)^W1\--"T277O"GP3UZTDN8?`GC;P^+
M'785\8Z-<:U<W\!T.ZUOU#]MW]K+Q)\2_"MUI?@#P9IOBSX&ZAXSM?@KXC^$
MGQR^#OC:ST+]JWQ1K?A_7_$&L_"FTU&_\)-?>#=(UCPQ+\/H_`'CS3&ET:+Q
MEXHAL/$*Q)!'$WVK^R!^R#9_"I=*^+/Q1MYO%?QR?PO%X2\.>,O&L=CJ/QG\
M&?!V:'3]1\*_!KXO_$3P]KEQI_QS\:^%I6O]+B\8SP'4+FR4Q?:[HS7M]J(!
M[AX`^#_P^\6:KX-_:.^)/[,GPF^'W[3^I^%-'_X2;7?[#\">-OB/X-OFTU(;
MCPFGQDT[P]#=Z_;V,;RVD=Q!(D#1!U@58G(;Z,HKQCXD?M!_"#X1^.?@[\.?
MB)XST_PMXM^/?BV^\#?"VQU-+FWL_$GBJPT+4?$)T0ZT\(LM-U.YL],GBT^W
MN;B&XU.\DCLM.BNKEC&`!OQ@_:!^%OP%G^'@^*VNW7A32OB7XVLOA]H?BJZT
M75Y_!FD>)]7@E_L&V\;^+K6S>P\"66I:J+/2].N]6GM+6\U?6+'3(96N[R")
M_P`GOVB_VJO$_P`?O&/@;PC\)O$^O_#SPG<_%&_\&?#'Q]H'PPN_B1XJE_:4
M\`:=JU_XF_9R^-WP5^(TOA=_V?/C5"FE6_B#P%KGB>6_\&W]C%//K,<2W.DF
M\XW]HW]K3Q3^U5=:?\.O"W[/7@;XA_!^3]H+4/@X_@+XV3^+X?#_`,3_`!KI
M/A_Q#X;\4?L[_M8?#>;X87.K?LR^(=;L=97Q=\+O%5]IOB'PU?2^%=&N]8DT
MB/5]+N&_0']C#]C'2?@1IME\1OB/IVF^)?V@[W1;_P`*V_C75KVT\:^.?`/P
M>>_M[OP-\!M1^+[Z!IFH_&:V\*Z3;6>EP^*]=M#KVIV]DJ75PUND48`-S]CW
M]D#0?V?/"EEK'B",ZE\2]<EF\3>(+**=HOA[X-\:ZX-3/C'7?A-\-[>\GT/X
M-ZKXB?5)[SQ3;>%([+2-0U>[O)[6".TE2*OM^BO#_%G[1/PL\(:GXYT*]UC4
M-1UOX=>';/Q#XHL-$T+5M0M;*75+FTL]%\+/XD^R)H\'CJ]N-1THV^BSZC#J
M'D:Q:7LL$5C<17+`',?%G]KOX#?!#QLOPX^)'BK5M%\;WW@&]^(OAGPY9^"?
M&WB#4?'NDZ=JZ:)?:!\.(_#_`(?NA\0/B'%>SV3MX9T@W>O_`&74(;X:<;)F
MN$_'#QA\6?VA_P!L_P")UKH_P\^)FL:9HGB3QIH?Q)_9]T'X9:CX<LO#.L?`
MGP=XNTK0;/\`:;^"/QUUCX:-)X6_:2\!>,]0U#3_`(N_"?XC:?<Z?J&DZ_=>
M%H+!)[BPOY_6?B/X[U#]KKQY!X)^(/[/_P"W#8Z3\2+KX4ZO^SHEGX*\,>&?
M"/P#GAUC0+N3]I'Q#\0/#EM>ZI^SY^TCX+U_2?B+>Z5<ZCKCZ5XD\/:IIEMI
M-AKUOJ]W9V_ZC_L\_L^Z)\#-"UR]N9M#\1_%SXDWNE^*_CK\3]$\):=X"A^+
M'Q,MO#^E>']7\>S^"-#N9-.\+WNH1:1;374%B%2>ZDEO+AI[R>>>0`Z3X*?"
M2/X1>&M6L+WQ#)XS\7^+O$U_XX^(7C>;P]X>\*2^,/&NJ:=I&DZCK[^&_"EC
M;V&CO+IV@Z0CQV\>97M#<7$D]U--/)[%15>[DN(K6YDM+=;NZC@F>VM7G%LE
MS<)&S0P/<F-_LZ/(%4OL;8&W;6Q@@'/Z]XW\'^%M6\(:!XC\3Z'HFN?$#6[K
MPWX'T?4]3M+/4_%VO6.AZKXFOM)\.V,THEU:^@\.Z'K%]-'`KM%:Z9-/)MCC
M9A^+W[7/[:FM^,_BG??!_P"#OBG7=4^']W\.?B+X;^)'P]T#X>Z=J?Q:^(=G
M)KNH^`C\<OV1M2U2]FTWX[77P^\>:/KUGXV^&IAC\0:Q:6R2Z=:SPQQV6O>(
M?M4_$CXL_M-:'8?!K]LW]@OXL^$/'/P,^//@GQMX3^+W[&'Q&LOC5KGPR:[U
MW4_"N@_''PD(-+\/^.OA]L\"Z[K>IZ7X@T_PYKVC1:KX<FTW7'B6WU+3D_1;
M]FG]C+Q=IOB;3OC!^UOK'ACXH_&KP=K^IP^&+GPQ"+7X3ZYJ_AFYUGPQX._:
MM'PEU329+7X4_M/>(/A[J%S#X@?P_?OI=NNMW<5FJR7$[``H_L@?LE>)M,TS
MP!X[_:/\(_L\_P!M?#&XC\0_LV^$_@U\)_$GPRL/A%<>+])\2S_$GQUK.E>*
MM5GO-.^*OC&^\:W4OB;2USIMA<:!8A&O;^V.HU^F%%96L:[H?AZW@O-?UG2M
M#M+J_L-*MKK6-1M-,M[C5-4N8[+3--@GO9D6:_N;R6**"%29)I9%CC5F(!`/
M/]6^,/A72_B3H?PKBL/%VN^)=5C6;5;OPQX0U[Q#X:\"PW5E?7NC2_$/Q+IE
MG):>#AJ0TZZCL%NY%>=U5BB0NDK?BWX[^-?Q!_:4_:)\):UX3UKX"^/O&GP7
M^)?Q`\._#O\`80\0^+0VL_$/0M)TS5?!GQ[UGXX>&?$OADW7P1^,/A;2;[9X
M3\3RI?>&=1M_%=]I,NG2V^NZ1KTOW%^U_P#L$?"'X\ZIK'Q5U'X=>/\`XH>,
MK[3?#NC^(_A!I'[5?QK_`&>/A3\6+31KEK/2[_XB:+\.]?CTKQ-K6E:3?WHM
M9=1T^;[3;6Z6%P[Q1VHA]V_9=_9>\"_LW>`]`T73-!\/3^-K'1;OP]?^-TMK
MC6?%@\('Q%J>N>%OAJ_Q%\3&?Q%XL\$^&=,OK#1=$.LWUS<C3O#MFTVV4%5`
M.X^"W[/7P6_9\T_Q3I_P5^&'A/X3Z;X[\1_\)IXJ\->!K5M)\*S>*YM+T_2+
MK4=-\/6OEV&C,UCIEC$ZV%I9Q3"T222'S,FO::**`/DGXJ?'?P?JOQ9E_8WT
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M"/X0Z#\']`NM*T[7/%_C/7-8NX=2\6?$'XB:[_PDWC[QKJMM8VNE6FH>)-:2
MTMXG,&E65E;6]M:6MI8VT-L%M[6(M(7`*_P=^#/A3X.:-K,>C6.D3>,?'6KP
M^-/B[XYT[PWHGA;4/BK\3Y]$TC1O$7Q&\1:1X=M8;*UUS4AH]M+-';1)"C9"
M*27=_7J**`"BBB@`HHHH`****`/B:T_Y2.>(/^S)O!__`*O;QS7VS7Q-:?\`
M*1SQ!_V9-X/_`/5[>.:^V:`"BBB@`KXM_:X_Y'W]A3_L\[1__6<_VD*^TJ^+
M?VN/^1]_84_[/.T?_P!9S_:0H`^TJ***`"BBB@`HHHH`\[^)?Q/\,?"KP^-<
M\0C5-0N[V=].\->$_#.FSZ_XU\;:\+2YO8?#?@WPU9_O]=UN2UM+J4HFV*WM
M[6:\O)K:RM[BXB_%SXL_\%#D\>V_QB^%T=O\:O@9;6FM>&X/C3J?[07PT72?
M%7[(=CXT?PQI7PKN?'/P>\!ZGIFH_$C]D'QS<^&O'MAJ'Q!\.>-+YM"U?7VM
M;V]M=.ANFTC[.^)OA7X%?\%!M1^)OA;P'XG\4>"OC7^QI\3QX9\`?M,^"3H\
M/BKX'_M!Q:`FH:[8>$K6YU-YM:L;?1M4TW3_`!;HNM:?#H?B?1_$TFEEK^VD
M>XM>F_9O^$GQC\5^-[+]H_\`:V\%?#GPK\?M"^%&M?LW_8OAKJEUKGA'Q?X-
MLOB-%XHU+XERKJ]A'<Z/8^(]6\-^'M5T;P[=R7MQX7M+NYMKC4+J]OKOR0#Q
MS]C[]A[6O#_BN;X_?'CQM\2O$/Q&E^(.J^.-$\)PZO??"_X4ZGK-QX,TWP=;
M_%'Q?^SGX-^)/B+PK%\4_(?Q-!!J\.H7%Q?Z;=:=J>MQ2>)UNKZOU6HHH`1F
M559F8*J@LS,0%50,EF)Z``')K\9?V^_VKGU^;Q)\`_!_CGQC\+?`&C:"+S]I
M3XL^#?"=KXA^)7@'X;?$'2;33/AG\8?"?PO\;^#;JU^.7[)-SXKU&]TGQ]X@
M\*W<NI:+]B%M&UG;S7NIV6G^U!^WA:>,9KGX7?`35M!L+<_$S6_AI;?&?Q_K
M=UI?[/'Q.^)7P]L-2F^(G[.>F_$'X:Z?XFUC1OBWI^JQV!'AK5=`TU?&\>@Z
MSX;T/49;HN6ZC]BW]A73?#?_``JSXR_%.PALM2^'DGQ!USX(_`K3]&N;3X4_
ML[ZW\1+^ZTCQ=XC^!\'C;1H_&G@+P5XE\*6&D7T'@+7M0NM.\(7.O7UG86=O
MY%C'IX!G_LD?\$\_`%C?>'OB_P#'#X$_!S0?$/AW4SX@^'/P3T;PWX3\=?"'
MX*?$NQU_4F\1?&W]F;4_$GA=->^#/A#QNEIX;\10^!%N!8^&M2,E_P"2NOW5
M_.OZX444`%%%%`!1110`4444`?.7PL_9<^%_P8^+GQI^+OPZ7Q%X;N_CQJ.D
M>(_'/@'3O$&H6_PI_P"$ZLK>:VU[XEZ/\/(Y1I^D?$;7X?[-7Q!JL$22ZH="
MM)IU^UF\N;SZ-HHH`BN//\B;[+Y7VGRI/L_VC?Y'G[&\GSO+^;RO,V[MO.,X
MYK^>OXK:%\;?B#^T5X*^%_QE\4?"[]F'_@H)\,(/'WC']DK]LW0M$NQ\,/VR
MOAS?ZI<71_9QM_`^H:J&U3PU#IUWH]E\1_A[JFIWNM0+INF^+_!<]S+*=<T;
M^AFL#5O"OAG7M2\.:SKGA_1M8U;P?J5SK/A/4=3TZTOKSPUK%YI=[HEUJVA3
MW,3-I6IR:+J6I6C7$!28VNI7$&_RIY4<`^%?V(OV0I?@GI7AOXF^,9?B9X4^
M(&J?#B3PU%^SUJ?QUU#XQ_!#]FJT\5:QI'BSQO\`#_X(W5UX7TJ:XT"?Q'H6
MAG[3J9U*YMK?0[73M/NX=.A$<OZ$T44`%>3_`!Q^!WPN_:/^%WBWX-?&7PG8
M^,_A]XTL4L]8TB[>XM;B"XM;B*_TC7-"U>PEBN_#GBC3M6MK.^TO5+&:WO\`
M3;^PM[VRN(;F&.1?6**`/C+]ES]DR;X)3R>._BIXY'QT_:#?PR/A9<_'S6/#
MUGX=\>^*?@SX4\2ZU?\`PJ\/_$B71IDM/'?Q`TW0=1AAU3Q/+9VUWJEV]S*D
M%I;RFW/V;17EWQ&^+?A7X42Z+J'C^ZL?"G@34918:M\3?$?B+PMX<\$^%-?U
M+7?#'AKP;X;UV\U[6[:<:MKVN^)[>UTP6UO/$TUH\=S);M+;"8`U/B1\0?A[
M\-O#$VN_$SXB^%?A=X=O[VR\-0>*_%WBG0?!^GPZYXAE_L[1;"QUCQ)<Q6O]
MMSWLJ+9PDN\LP"K%)RM?F+\1_P!@SQ%\(+C^U_V;]%M?C)X"^.4>@_#7]N']
MF?XN^+KVQ\)_M%Z7XB@L?".O_M06OC":&Y;P+^T?INE[+WQ!?V]O]G\9:5I8
MLYH+?7-/T&_@^7OB5XS^+7[<WQF\)6WP^\3?L_>)-1\`W/QN\+0?`7Q+?>)W
M;X<^-=#AG\._$OX!?MY_L_>)+_48/%7@#Q5X(L-4L=*\?:5I>E:GX6UB\TVX
MT6UUS0?$,HU#]K/V>O@MIW[/OPI\._"K1_$GC#Q)HWALWZZ)_P`)IXIU/QE>
M>&=%N[V:YTCP)H.NZVOVZ?P7H6G26VE:*E])<7L>F:3;)=W5S<"29P#"_9W_
M`&9?A_\`LUZ1XGL/!NL_$WQ9JOC36+36?%'C'XP?%/QO\8?'6J'2M-AT;P]H
MTGB_Q[JUW>)X=TO1H([73[-&CAA1I9G5[NYNIYOHFBB@`HHHH`X77OAKX)\3
M>,_!/Q!UK0H+SQA\.QKJ^$-;$]W;76EQ^);*/3]9MW^R3QKJ-E+;11G[/=":
MW6:**Z6(74$$T7=45F:MK.EZ%9F_U:^MK&V\V*WB>YGBA-S>7+B*TL;597'V
MF_GG9(X(4S)+(ZI&K,0*`,7QUXX\.?#CPEKOC7Q9>2V6A>']/N+^[-K9W>IZ
ME=F&-GATW1M'T^&2ZUS7+F4+#9V-I%-=WES-';VT4DTB(?Y^_C5\3_%7[<7Q
M6L])L?#ND?$[X=3:OX@TGX'?LX_$+PW>R?`7XZ1^$]$O=!_:)^$?[1W_``D/
MPWA\7_L<?M[>$[7Q!JVH>'[[4671[/2[:QN-.@U&6[U::UZGX_:U\3_VZO&G
MP<O;?X%Z+\6/@%XJ\!WWQ!^%_P`/XOBSX1UGX=?&/PE=:]X<\.^*?B!X:^)&
MGZ#I6M_LP?MQ?#AO%>DZIHC2W>IZ'/8IX@TRRU2P\1V0OK/];?V<?V:M(^!E
MA?\`B'Q!KO\`PL_XZ>+]#\,:!\5/CSK/A_0M!\=?%*P\"17^F>!9/&?_``CM
MI;VNJ:SIWANZMK&;41!'<ZDUBMS=`8A@MP"]^SE^SS8_`;PQ%::AXQ\6?%#Q
MW<:)I/A75_B;\0=0MM9\=:MX*\):MXFO?ASX.UWQ!:V%JWB>/P]I/BF_T^#5
M;V%M6U0>9?ZM<W-[<2./HVBB@`HHHH`****`"BBB@`HHHH`****`"BBB@#XF
MM/\`E(YX@_[,F\'_`/J]O'-?;-?$UI_RD<\0?]F3>#__`%>WCFOMF@`HHHH`
M*^+?VN/^1]_84_[/.T?_`-9S_:0K[2KXM_:X_P"1]_84_P"SSM'_`/6<_P!I
M"@#[2HHHH`****`#IUK\7_VROV_-*UW0_CG\*?@WINE^)/"?PVBT'PK\<?C!
M<>(O$MAI/PE\2:SXDNXK#3_B-\.]"T&'Q/?_`+.>M1^&]2\/:Y\1O"\VHV.A
M2^(9;E+34K/1]>DT[T;]M_\`:XO-(\(ZEX:\#ZR_@/P%J46HZ3X@_:.U;PI+
MX]^&_A;Q%97FGQ:9X8^+WPO&CQZ_J'[,'BUI]2\+ZK\1_"=Q)'H>K7*V4=Y8
MSM_:%OF_L%_LA7%MX:^$7QC^+?@G4?!,O@+PY>VW[-'PB\3^(+CQ/\2/V<OA
MIXUTQ8/%'P)\5_%W1]6B/QN^"\&KV=EJ?@C2_$5C)?\`AW3FTV#4S)K&FPC3
M@#L_V)OV7-4\.ZKH7QS\?_"6Y_9W\9^%_!<'P9\#?#WPU\>M;^+=YXH^"NB:
M-X;7PK>_M#>-+>."T^+WBVR\40>-+[PS+=K=R^']-\9S6R7/F7#6ME^G-%%`
M'G'QA^)_ASX)_"CXD?&#Q>\B>%_AAX(\3>.]?:)HTD.D^%]'N]8O5264A(6:
M"T=?,D*QQ[M\C*BLP^._VA)_VIK?X&ZCK5UIVC_$_P#M3XD^"[[4_AC^S_XS
MUGX.?$K5O@WX@M&TCQ)X!^'WQ7U;QA9QZM\2;/6+[3]6T[4([[PM'X@@TV;0
MU.F27<5S)]W>*/#'A[QKX:\0^#?%VC:=XC\*>+=#U;PSXF\/:O:Q7VDZ[X?U
MZPN-+UG1M4LIE*7>GW6G75S!-$X*R1SLK`@FOC7]GG]AK2_V>(_#/A;3_P!H
M3]HGXF?!SX:3Q2?!?X,?%?Q7X6\4>&_A;:VD#VNAZ1;>+[?P9:^*?'>B:)9,
MEMX?MO$^NZPNE6]O"%,]Q;6EQ;@'E?['O[%>B^%9;CXO_$4_%35O$WB25K=O
M#GQHN_#5[XC\9^'O"OBFP\1_`KQW^T7X<T-KW2O%W[27@S3K9M%TSQ>LYUJ?
M1['37UNXO=7LX)[/].Z**`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`
MHHKF/&?BS3O`_AC6_%.IV^IZA!HVF:AJ$6C:#82ZOXE\07-C8W%[#X?\*Z%;
M'SO$'B>\-LT%A86X:XN[F6."%6=P*`,;XE_%?X8?!CPN_C;XN_$/P7\,/!T>
MI:9H\GBGQ[XFT?PGX?CU36KM+'2K"35]<NX($NI[J0+&A<$A68X1'9?P1\9^
M+_C%^TA^U]JFCP_"CPK#\3-;^'=W\,-1^#WQ"U#6?B1^S=XQ^"]QH.F>.O'7
MP6_;.^'^C1:M<?L]?&W2;+XAZ)JGA'XEZ79W^@^+[;5W\*+'+`YC;8UGQ-^T
ME^V=XO\`A9\;O#%G#)X7^).D:U=?LNV&AW7B7XC_`+/7P]\0Z!H_BGP_\9/V
M9?\`@HW\&=4MXHH=2\3>&)?$5E=^*K?3;35_!>K1W'A.."WU33(1XM_8']FC
M]EGX6_LP^$SH/@+0XH=2O(DM;W7-0N)-?UZR\-VE[?7GA7X8Z5XMUB)M6N/A
M7X6M-1FTOPII5]=7(T?2+:&UB<D.S`&S^SS^S[X7_9Y\!Z1X-T;5->\6WNE6
M;Z3'XQ\;WT/B3QN/#%O?75QX9\$7'C.ZLUU/7O"N@:9/;Z7HW]JW-]?QZ?IE
MN+R]N[KS;B3WRBB@`HHHH`***^7_`-JSQ_\`'[P=\/)M)_9A^%]K\2?C7XKL
MO$4'@T^)=4C\.?#[P_<Z#HEQKEQ<>*O$DUI<1V&K7EO;26>@V\\(LKS6+JW3
M4;JRTY+NYC`-O]H+]I'P9^S1IW@WQ3\3-%\70?#;Q!XIA\->,?BII.DP:AX%
M^#%M?P-'I/C'XN7XODN/#'@.?79-.TZ75X[:YL]-FU2.\U>2PTN*ZO[?\I/B
M=^T-\0OVD/VAK+X8>"/$/[$GB3XB?#+XSZ[I/PP_9,^.2>,;OQCXAD\%:#XF
M\2^*?'GQ6L++2M9N_AQ::9:^%?`?B'P!\1-(T"]TJYF\5?V5"EQ%JMCK+FL_
M$_XI_'_0O@W\0O@5X-^/G[4GA[P-H/BKX7^/OA%X@^+7@KX(_%?X9_M,::FK
M^'?$OP__`&\OA%J>K^'/#OC'X:RZ7XIL8_$$$&FZK+`/"]EJ&B:7J6CZZE[=
M_J7^S7^S#X`_9K\(6WAOPI#>WDELM]::+/KUY'XBO/`'@R]OAJFF_!GP%XDU
M&Q&JVGP:T&Y9X/#VCWEW=C3K1$@CD$4<4<0!G?LR?LQ>"O@/H4OB27P)\*='
M^.OQ!M(=;^.OC?X7>$4\*:+XT^(.J2#5/%NKZ=8N/,@LKK79)99)9%CN=0>"
M.\U'S+PLR_4U%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110!\36G_*1
MSQ!_V9-X/_\`5[>.:^V:^)K3_E(YX@_[,F\'_P#J]O'-?;-`!1110`5\6_M<
M?\C[^PI_V>=H_P#ZSG^TA7VE7Q;^UQ_R/O["G_9YVC_^LY_M(4`?:5%%%`&)
MK/B;PWX<?1HO$/B#1-!D\1:S:^'/#\>LZK8:6^N^(;Z*XGLM"T9+ZXC.IZS-
M#:73Q6L&^>1;:1D0A&(_)7]O#]L+Q'%<^'O@[\)K+XT:;I>K>)?%0\>>-?AM
MH.O^$_'?Q%\(_"VTUG4/BCX/_8]^+=SI%]X;U/\`:!\.R^&]8U.[\,ZVEG<^
M)]&\#^(-(\,S7.J`-%V'QR^.'A;X`_MF7UW^UG\-M9U3]GWXA_#?X=_\,\?'
MJ'X:^(/BAX"^%_Q3\(ZSXKD^('PQ\:Q>'-!U.?X8>+M7-YX/UG0=<FM8+/61
MIT^F?;X[[2+*WG]C^`_[-'@&Z\9^(?V@]-F^,7AG0/B)\2M?^,&C?`[Q5X@U
M*W^&-EXRU&:^LX/C+8?#'Q-I1U+X=^--;M;J[U6\TZ.\L[-KS7)-3O=%M]:G
MN60`\6_8@_8OTCPWXGT[]IOX@>"OA#;?%68^(;CPW\4/A]\);'X6^._C/H/C
M*PD-O\8_C!I6H^&[36O`'CO7/#>LHNN^!HKIO#=CK>FR:U:V%E=W,=EIGZMT
M44`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%-==RLN
MYEW*5W*<,N01N4]F&>#ZT`>9?&+XJ?#_`.#GPY\4?$'XE^*W\'>#]#M5@U3Q
M!::?JFM:CI\VI2PZ?9_V9HV@Z9>WNIZI]JO(#%!;6=Q*3\YB,:N1_/CX*\+^
M,_C/'\+/V9O'7PR_9=^.MM?>%/BEXOL?"6OZYX_MO@;^UA\!/B9K/A3Q!IO[
M8_[-?[0?A_1_%,W@G]H;1/$?EGQ?IUS'9SV5S\0@_AS4;6SET'4+_P"B?CC^
MQ5\8_`?Q1\)>#_AUJ'Q8^)?P3^(/Q=\2?%+X$?$73_&=QKGQT_X)T_M8:]IG
MB;Q!J7Q.M]9\<:T8OBU^R;XEDN/$MMXBT#7)-0NM)D\67>C6-OJ&C:_#9Z-^
MIO[-_P"SOX1_9X\&WFD:'IN@VGB3Q=K5_P".?B%<>$['5=!\$W7Q#\4165WX
MZU#X?^"-2US4(OAOX1U#Q)!=ZBNBV$_V5+O4;B[E,][<W-S,`)^SK^SIX-_9
M_P##5V-+LK6^^)/C:P\%7OQH^([>>^N_%?QWX2\$:%X(?QQXHN9VS?Z_=:=H
M-JUU=E(YKZX>6]O/-O+B>9_HBBB@`HHHH`****`"BBB@#S+0?@U\+?"_Q/\`
M'WQHT#P-X=TKXJ_%'2?">A?$#QW9Z?##XB\4Z-X%M[VU\)Z=JU^BAKFWLH-1
MO%BS\Y61$=G2"W6+TVBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`*
M***`/B:T_P"4CGB#_LR;P?\`^KV\<U]LU\36G_*1SQ!_V9-X/_\`5[>.:^V:
M`"BBB@`KXM_:X_Y'W]A3_L\[1_\`UG/]I"OM*OBW]KC_`)'W]A3_`+/.T?\`
M]9S_`&D*`/M*BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"
MBBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`**
M**`"BBB@`HHHH`****`"BBB@`HHHH`****`/B:T_Y2.>(/\`LR;P?_ZO;QS7
MVS7Q-:?\I'/$'_9DW@__`-7MXYK[9H`****`"O!?C_\``#1?V@=%\#Z=J/CK
MXD?#76/AQ\0M.^)O@WQI\*]7T#1_%6C^)M/\-^*?"7RR^)_#&L6-WITV@>,M
M>@G@GL9`PN5=&1T5J]ZHH`^)/^&//&__`$?=^VW_`.%-^SW_`/0XT?\`#'GC
M?_H^[]MO_P`*;]GO_P"AQK[;HH`^)/\`ACSQO_T?=^VW_P"%-^SW_P#0XT?\
M,>>-_P#H^[]MO_PIOV>__H<:^VZ*`/B3_ACSQO\`]'W?MM_^%-^SW_\`0XT?
M\,>>-_\`H^[]MO\`\*;]GO\`^AQK[;HH`^)/^&//&_\`T?=^VW_X4W[/?_T.
M-'_#'GC?_H^[]MO_`,*;]GO_`.AQK[;HH`^)/^&//&__`$?=^VW_`.%-^SW_
M`/0XT?\`#'GC?_H^[]MO_P`*;]GO_P"AQK[;HH`^)/\`ACSQO_T?=^VW_P"%
M-^SW_P#0XT?\,>>-_P#H^[]MO_PIOV>__H<:^VZ*`/B3_ACSQO\`]'W?MM_^
M%-^SW_\`0XT?\,>>-_\`H^[]MO\`\*;]GO\`^AQK[;HH`^)/^&//&_\`T?=^
MVW_X4W[/?_T.-'_#'GC?_H^[]MO_`,*;]GO_`.AQK[;HH`^)/^&//&__`$?=
M^VW_`.%-^SW_`/0XT?\`#'GC?_H^[]MO_P`*;]GO_P"AQK[;HH`^)/\`ACSQ
MO_T?=^VW_P"%-^SW_P#0XT?\,>>-_P#H^[]MO_PIOV>__H<:^VZ*`/B3_ACS
MQO\`]'W?MM_^%-^SW_\`0XT?\,>>-_\`H^[]MO\`\*;]GO\`^AQK[;HH`^)/
M^&//&_\`T?=^VW_X4W[/?_T.-'_#'GC?_H^[]MO_`,*;]GO_`.AQK[;HH`^)
M/^&//&__`$?=^VW_`.%-^SW_`/0XT?\`#'GC?_H^[]MO_P`*;]GO_P"AQK[;
MHH`^)/\`ACSQO_T?=^VW_P"%-^SW_P#0XT?\,>>-_P#H^[]MO_PIOV>__H<:
M^VZ*`/B3_ACSQO\`]'W?MM_^%-^SW_\`0XT?\,>>-_\`H^[]MO\`\*;]GO\`
M^AQK[;HH`^)/^&//&_\`T?=^VW_X4W[/?_T.-'_#'GC?_H^[]MO_`,*;]GO_
M`.AQK[;HH`^)/^&//&__`$?=^VW_`.%-^SW_`/0XT?\`#'GC?_H^[]MO_P`*
M;]GO_P"AQK[;HH`^)/\`ACSQO_T?=^VW_P"%-^SW_P#0XT?\,>>-_P#H^[]M
MO_PIOV>__H<:^VZ*`/B3_ACSQO\`]'W?MM_^%-^SW_\`0XT?\,>>-_\`H^[]
MMO\`\*;]GO\`^AQK[;HH`^)/^&//&_\`T?=^VW_X4W[/?_T.-'_#'GC?_H^[
M]MO_`,*;]GO_`.AQK[;HH`^)/^&//&__`$?=^VW_`.%-^SW_`/0XT?\`#'GC
M?_H^[]MO_P`*;]GO_P"AQK[;HH`^)/\`ACSQO_T?=^VW_P"%-^SW_P#0XT?\
M,>>-_P#H^[]MO_PIOV>__H<:^VZ*`/B3_ACSQO\`]'W?MM_^%-^SW_\`0XT?
M\,>>-_\`H^[]MO\`\*;]GO\`^AQK[;HH`^)/^&//&_\`T?=^VW_X4W[/?_T.
M-'_#'GC?_H^[]MO_`,*;]GO_`.AQK[;HH`^)/^&//&__`$?=^VW_`.%-^SW_
M`/0XT?\`#'GC?_H^[]MO_P`*;]GO_P"AQK[;HH`^)/\`ACSQO_T?=^VW_P"%
M-^SW_P#0XT?\,>>-_P#H^[]MO_PIOV>__H<:^VZ*`/B3_ACSQO\`]'W?MM_^
M%-^SW_\`0XT?\,>>-_\`H^[]MO\`\*;]GO\`^AQK[;HH`^5_@Y^RMIWPF^)G
MB/XNZM\:?CG\:/'/B+P+I'PX&I_&'7O`NHP:)X3T;Q!JGB>&QT.P\"_#S0(8
M)I=8U:YDGFG6XD=4C1615P?JBBB@`HHHH`****`"BBB@`HHHH`****`"BBB@
M`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"
MBBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`**
-**`"BBB@`HHHH`__V3\_
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>5
<FILENAME>ecf-logo.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 ecf-logo.jpg
M_]C_X``02D9)1@`!`0$!+`$L``#_X0"417AI9@``24DJ``@````#`#$!`@`<
M````,@```#(!`@`4````3@```&F'!``!````8@````````!!9&]B92!0:&]T
M;W-H;W`@0U,U(%=I;F1O=W,`,C`Q,SHP-CHP,R`Q,SHP,3HS-P`#``&@`P`!
M`````0````*@!``!````)0$```.@!``!````\0````````#_X@Q824-#7U!2
M3T9)3$4``0$```Q(3&EN;P(0``!M;G1R4D="(%A96B`'S@`"``D`!@`Q``!A
M8W-P35-&5`````!)14,@<U)'0@```````````````0``]M8``0````#3+4A0
M("``````````````````````````````````````````````````````````
M`````!%C<')T```!4````#-D97-C```!A````&QW='!T```!\````!1B:W!T
M```"!````!1R6%E:```"&````!1G6%E:```"+````!1B6%E:```"0````!1D
M;6YD```"5````'!D;61D```"Q````(AV=65D```#3````(9V:65W```#U```
M`"1L=6UI```#^````!1M96%S```$#````"1T96-H```$,`````QR5%)#```$
M/```"`QG5%)#```$/```"`QB5%)#```$/```"`QT97AT`````$-O<'ER:6=H
M="`H8RD@,3DY."!(97=L971T+5!A8VMA<F0@0V]M<&%N>0``9&5S8P``````
M```2<U)'0B!)14,V,3DV-BTR+C$``````````````!)S4D="($E%0S8Q.38V
M+3(N,0``````````````````````````````````````````````````````
M````````````6%E:(````````/-1``$````!%LQ865H@````````````````
M`````%A96B````````!OH@``./4```.06%E:(````````&*9``"WA0``&-I8
M65H@````````)*````^$``"VSV1E<V,`````````%DE%0R!H='1P.B\O=W=W
M+FEE8RYC:```````````````%DE%0R!H='1P.B\O=W=W+FEE8RYC:```````
M``````````````````````````````````````````````````````!D97-C
M`````````"Y)14,@-C$Y-C8M,BXQ($1E9F%U;'0@4D="(&-O;&]U<B!S<&%C
M92`M('-21T(``````````````"Y)14,@-C$Y-C8M,BXQ($1E9F%U;'0@4D="
M(&-O;&]U<B!S<&%C92`M('-21T(`````````````````````````````9&5S
M8P`````````L4F5F97)E;F-E(%9I97=I;F<@0V]N9&ET:6]N(&EN($E%0S8Q
M.38V+3(N,0``````````````+%)E9F5R96YC92!6:65W:6YG($-O;F1I=&EO
M;B!I;B!)14,V,3DV-BTR+C$``````````````````````````````````'9I
M97<``````!.D_@`47RX`$,\4``/MS``$$PL``UR>`````5A96B```````$P)
M5@!0````5Q_G;65A<P`````````!`````````````````````````H\````"
M<VEG(`````!#4E0@8W5R=@````````0`````!0`*``\`%``9`!X`(P`H`"T`
M,@`W`#L`0`!%`$H`3P!4`%D`7@!C`&@`;0!R`'<`?`"!`(8`BP"0`)4`F@"?
M`*0`J0"N`+(`MP"\`,$`Q@#+`-``U0#;`.``Y0#K`/``]@#[`0$!!P$-`1,!
M&0$?`24!*P$R`3@!/@%%`4P!4@%9`6`!9P%N`74!?`&#`8L!D@&:`:$!J0&Q
M`;D!P0')`=$!V0'A`>D!\@'Z`@,"#`(4`AT")@(O`C@"00)+`E0"70)G`G$"
M>@*$`HX"F`*B`JP"M@+!`LL"U0+@`NL"]0,``PL#%@,A`RT#.`-#`T\#6@-F
M`W(#?@.*`Y8#H@.N`[H#QP/3`^`#[`/Y!`8$$P0@!"T$.P1(!%4$8P1Q!'X$
MC`2:!*@$M@3$!-,$X03P!/X%#04<!2L%.@5)!5@%9P5W!88%E@6F!;4%Q075
M!>4%]@8&!A8&)P8W!D@&609J!GL&C`:=!J\&P`;1!N,&]0<'!QD'*P<]!T\'
M80=T!X8'F0>L![\'T@?E!_@("P@?"#((1@A:"&X(@@B6"*H(O@C2".<(^PD0
M"24).@E/"60)>0F/":0)N@G/">4)^PH1"B<*/0I4"FH*@0J8"JX*Q0K<"O,+
M"PLB"SD+40MI"X`+F`NP"\@+X0OY#!(,*@Q##%P,=0R.#*<,P`S9#/,-#0TF
M#4`-6@UT#8X-J0W##=X-^`X3#BX.20YD#G\.FPZV#M(.[@\)#R4/00]>#WH/
ME@^S#\\/[!`)$"800Q!A$'X0FQ"Y$-<0]1$3$3$13Q%M$8P1JA')$>@2!Q(F
M$D429!*$$J,2PQ+C$P,3(Q-#$V,3@Q.D$\43Y10&%"<4211J%(L4K13.%/`5
M$A4T%585>!6;%;T5X!8#%B86219L%H\6LA;6%OH7'1=!%V47B1>N%](7]Q@;
M&$`891B*&*\8U1CZ&2`911EK&9$9MQG=&@0:*AI1&G<:GAK%&NP;%!L[&V,;
MBANR&]H<`APJ'%(<>QRC',P<]1T>'4<=<!V9'<,=[!X6'D`>:AZ4'KX>Z1\3
M'SX?:1^4'[\?ZB`5($$@;""8(,0@\"$<(4@A=2&A(<XA^R(G(E4B@B*O(MTC
M"B,X(V8CE"/"(_`D'R1-)'PDJR3:)0DE."5H)9<EQR7W)B<F5R:')K<FZ"<8
M)TDG>B>K)]PH#2@_*'$HHBC4*08I."EK*9TIT"H"*C4J:"J;*L\K`BLV*VDK
MG2O1+`4L.2QN+*(LURT,+4$M=BVK+>$N%BY,+H(NMR[N+R0O6B^1+\<O_C`U
M,&PPI##;,1(Q2C&",;HQ\C(J,F,RFS+4,PTS1C-_,[@S\30K-&4TGC38-1,U
M336'-<(U_38W-G(VKC;I-R0W8#><-]<X%#A0.(PXR#D%.4(Y?SF\.?DZ-CIT
M.K(Z[SLM.VL[JCOH/"<\93RD/.,](CUA/:$]X#X@/F`^H#[@/R$_83^B/^)`
M(T!D0*9`YT$I06I!K$'N0C!"<D*U0O=#.D-]0\!$`T1'1(I$SD42155%FD7>
M1B)&9T:K1O!'-4=[1\!(!4A+2)%(UTD=26-)J4GP2C=*?4K$2PQ+4TN:2^),
M*DQR3+I-`DU*39--W$XE3FY.MT\`3TE/DT_=4"=0<5"[40914%&;4>92,5)\
M4L=3$U-?4ZI3]E1"5(]4VU4H5755PE8/5EQ6J5;W5T17DE?@6"]8?5C+61I9
M:5FX6@=:5EJF6O5;15N56^5<-5R&7-9=)UUX7<E>&EYL7KU?#U]A7[-@!6!7
M8*I@_&%/8:)A]6))8IQB\&-#8Y=CZV1`9)1DZ64]99)EYV8]9I)FZ&<]9Y-G
MZ6@_:)9H[&E#:9II\6I(:I]J]VM/:Z=K_VQ7;*]M"&U@;;EN$FYK;L1O'F]X
M;]%P*W"&<.!Q.G&5<?!R2W*F<P%S77.X=!1T<'3,=2AUA77A=CYVFW;X=U9W
MLW@1>&YXS'DJ>8EYYWI&>J5[!'MC>\)\(7R!?.%]07VA?@%^8G["?R-_A'_E
M@$>`J($*@6N!S8(P@I*"](-7@[J$'82`A..%1X6KA@Z&<H;7ASN'GX@$B&F(
MSHDSB9F)_HIDBLJ+,(N6B_R,8XS*C3&-F(W_CF:.SH\VCYZ0!I!ND-:1/Y&H
MDA&2>I+CDTV3MI0@E(J4])5?E<F6-):?EPJ7=9?@F$R8N)DDF9"9_)IHFM6;
M0INOG!R<B9SWG62=TIY`GJZ?'9^+G_J@::#8H4>AMJ(FHI:C!J-VH^:D5J3'
MI3BEJ:8:IHNF_:=NI^"H4JC$J3>IJ:H<JH^K`JMUJ^FL7*S0K42MN*XMKJ&O
M%J^+L`"P=;#JL6"QUK)+LL*S.+.NM"6TG+43M8JV`;9YMO"W:+?@N%FXT;E*
MN<*Z.[JUNRZ[I[PAO)N]%;V/O@J^A+[_OWJ_]<!PP.S!9\'CPE_"V\-8P]3$
M4<3.Q4O%R,9&QL/'0<>_R#W(O,DZR;G*.,JWRS;+MLPUS+7--<VUSC;.ML\W
MS[C0.="ZT3S1OM(_TL'31-/&U$G4R]5.U='65=;8UUS7X-ADV.C9;-GQVG;:
M^]N`W`7<BMT0W9;>'-ZBWRG?K^`VX+WA1.',XE/BV^-CX^OD<^3\Y83F#>:6
MYQ_GJ>@RZ+SI1NG0ZEOJY>MPZ_OLANT1[9SN*.ZT[T#OS/!8\.7Q<O'_\HSS
M&?.G]#3TPO50]=[V;?;[]XKX&?BH^3CYQ_I7^N?[=_P'_)C]*?VZ_DO^W/]M
M____VP!#``$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0("
M`0$"`0$!`@("`@("`@("`0("`@("`@("`@+_VP!#`0$!`0$!`0$!`0$"`0$!
M`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("
M`@("`@+_P``1"``\`$D#`2(``A$!`Q$!_\0`'P```04!`0$!`0$`````````
M``$"`P0%!@<("0H+_\0`M1```@$#`P($`P4%!`0```%]`0(#``01!1(A,4$&
M$U%A!R)Q%#*!D:$((T*QP152T?`D,V)R@@D*%A<8&1HE)B<H*2HT-38W.#DZ
M0T1%1D=(24I35%565UA96F-D969G:&EJ<W1U=G=X>7J#A(6&AXB)BI*3E)66
MEYB9FJ*CI*6FIZBIJK*SM+6VM[BYNL+#Q,7&Q\C)RM+3U-76U]C9VN'BX^3E
MYN?HZ>KQ\O/T]?;W^/GZ_\0`'P$``P$!`0$!`0$!`0````````$"`P0%!@<(
M"0H+_\0`M1$``@$"!`0#!`<%!`0``0)W``$"`Q$$!2$Q!A)!40=A<1,B,H$(
M%$*1H;'!"2,S4O`58G+1"A8D-.$E\1<8&1HF)R@I*C4V-S@Y.D-$149'2$E*
M4U155E=865IC9&5F9VAI:G-T=79W>'EZ@H.$A8:'B(F*DI.4E9:7F)F:HJ.D
MI::GJ*FJLK.TM;:WN+FZPL/$Q<;'R,G*TM/4U=;7V-G:XN/DY>;GZ.GJ\O/T
M]?;W^/GZ_]H`#`,!``(1`Q$`/P#^_BBBB@`HK^7O_@N!^TM^U7X`_;P_X)Q_
MLS_`G]MB]_8C^'W[1VB_%RU^)GQ.DTGX?ZGX;T*?P]=^'[C1_$>O?\)[;)`D
M<*&YM(U-_91%M6!=F8(*^_/V`?#OQ>^!'@;]HCXS?'K_`(*K:=_P4D^&N@^&
M(=4AU'P]X4^%FE:7\)'^'^C^(/%/C/;J7PQ\07T>HZI?Z%>:5(]M=/&\,>F0
MN@VSDT`?L117\>G[.>L?\%E_^"K'[._Q>_X*2?!/]NW7/V7X6\6?$C_ACO\`
M8Z\%_#7P'K?P^\7^'/AG?7=K8:+\3O$GB>W,^HZOK&L6%WI8NIQ/$+JWDN9%
MM[&2*W@]H_X*P_MO_P#!1/X)?\$@?V2_C?XAO-4_8I_;*\<?'KX5_#CXY6?A
ME_`_B&#1O[1T?XD66O3VOVA]9TZWT+4CH6C:T+=9WELEF%F]P##(S`']4=%?
MA-_P3T^"/[46F_'J'QSXP_X+B:'_`,%!/AUX3\-ZS!XO^!GA7P3\#XK47GB2
MRGL/#'B+6-?^''BF^O-'CM-1M[B6W$D:QW3V[QD_*V/W9H`****`"BBORU_X
M+._M6_&/]B?_`()U?'3]I'X":CH&E?%/P%<_#B+PY?>)]`@\3Z+"GB7XE>$_
M#&JB[T6YGC2[+:3J]ZJ$N-DC+(,E<$`_#[_@XL\(^$[W_@H#_P`$PO'GQI_9
MD^+?[4/[,W@GPU\;)?CEX!^%WPP\4_$B76=!O-1\+1V.C75KH'DQ1W3ZH;&Y
MCAGO;4R)I\C*S!&4_>?_``2\\?\`[`_Q[^%W[4_[''[&?["?[2/[#?@+QEX`
M\0ZW\0?^%L?`_7/A9X9\3W_Q*\/R?"Z\U#P_?:[XFU`ZOXFAT>"S\R!3&J6]
MG&_KG^9KXG?\'"7_``6L^$WPO^`7Q<\3?%W]E*]\*?M)>%O%7C+X=V_A_P"#
M]KJ.O6NA>"_&&I>`O$<WBW39_(70KJ#Q9H^J6JPK-</,+)IXMT+1N_LGBO\`
MX+/_`/!>'P3XR\;^%/$OQA_8\MM-^&'P&^&/[2GQ,\?:=\(KC6_!/@7X2_&2
M+P3+\.M8UB;3=,?4;C4;\?$;P8'M;33[AK/^UV:[>%;:Y:(`^SOV(/V\OCY_
MP1U_9!^)/_!-KXR?L6_M0^.?VMO@[XO^*VF_LHW_`,,O@MXG^(7P:^.]KX\U
MS4]<\"^(E\;Z`HBMM!C\4:O=3WBJ3.VGO';CRK]9X8O6O^"VWAG]M'X^?\$:
MOV,7_::^#T.I?M0>)_VH_@IXD^-/PP^!O@SQ5X@TKPC9:II/Q.#Z7=:1IMYJ
M]U:&S\.ZAI-OK$_VE[6'49KB.*81>43^8G@?_@N%_P`%KOB#HWQ1US0/VH?V
M`6M?@UX/\=_$7X@Q-X%:_GTGX<?#_P`>Z#\.-2\>6K:#HU[%J>@7WB/Q-HK:
M2L,IO;ZRNC>K:1PJ31!_P7`_X+8R_#V3XI2?M.?L"V?@>3XY^*_V=='UR[\!
ML+7Q'\3/"?A6W\;RPZ//:Z/-#_PC5]X5O;&\L-4N9;>UD6\5+EK6195C`/[5
MOV3_`/@G9^Q-^P_J7B_7OV3OV<O`/P,UCXB:9HNE^-;WP9'K"3>(-/T&>^O-
M'M+_`/M35;D&.WNM3OW3:%.;EMQ/&/M:O\^+P?\`\%I/^"[/CKPY^S=KGA[X
MY_L.G5/VN(O%<?[/W@G6?`EAX?\`%?CK7O!GB^3P%K'@TOJ]K%I6@^+I?&$8
MT_3[:_U2WBU"XN(4MKA_.CW?MA_P;Q_\%-?VU_\`@H)X@_;)\,_ME7OA(Z]\
M`M3^&6AZ1HGA[X<VOP]U3P[K>M7GQ&T_QCI7B*T@O)7GOX;_`,*VD+12!6MY
M+65>2QP`?TVT444`%?AA_P`'(=AJ&I_\$>_VH[/2].U#5;V6]^#AAL=+L;O4
MKV;9\:/`3N8K.QADEE"HK,VU#M52QP`37[GU^=G_``5%_:`_:&_9O_95F\=?
MLK:-X%\1?'CQ!\8?@5\+/A_H/Q(LKV^\):SJWQ4^*?AKP.-*U!-/U*TDMI;F
M/66@@N!,%MYKA)G1U0J0#_,F^+OB[X3?%7]F3]D;X6W?AK]J*R\=?LR?`[XT
M>!K^R@^!;1^%_%GCWXE_%;Q?\4/#-W8^)G\2O<:=X2TRY\50P:@9--:[OETA
MA;);_:0\/T;X@_;+73?VL;/]I/X&:E^UW\&M7T/]FO\`9@^"FEZL/@!I_BK2
MO%:_!SX:>!?A7\6/`GQ8^%FK:W-IGCKX6>*=#\(27=I#<SRBWN#;0WMFP#W4
M7]A[?\%C_BOKNC^/_P!K#P3X3\*ZO^R%^SG/^RCXA_:@^',/A#4+_P"-WP_^
M'?QJ\#^/-&^.LMO=Q:[$)/'_`,-?C+X=L!J.E-8?Z3I6DZJ@*R)!.>QT']NO
M]NCPO\=/V9=)_:XF^'/[*'P9_:&T/P1XN\#^*9_V=O%_Q)\%>)?'/Q:^(OB,
MZ!^R3\1OBQIWQ)M;7X%_%32OAE_PK^UMM4U&REM->\1^(+\0*(;2&RE`/X6_
M!OQS^&NG?$;_`(*4^+H?V?\`XP_"#P;^V'\'_BI\,O@K\,OAW\)+_6]"^&/_
M``GGQ9\#?$G1;;6S<7NGIIWARPLO`R61@T^.X\MM8'V9!;VBI)I_`SX_:+X`
M_8LTC]FG4X_VH?`OB;4/VF_&?Q>^(FH>"?V==,\9Z%KOPK\:?!BQ^#FL_#[2
MKWQ3K5M+9^*)].@U"XCO_LL<-J=10#S'ARW]\G_!-K]M']I;]IS]F7XL_M*_
M%GQ3H]U<:#\/_B;J^A^`+3]D_P`>?"GP9H7B'PCXG\?Z=HEYX9^-?B3QO>V'
MQPTLZ9X*C74H])MK<65U?>5-,CA4;\^O"W_!</\`:G\0?LM?L=W$O@KX06_[
M6OC#]J/P-X$_:KTI/#^JMX/\*?`#Q-XO^#-KI7CWPMX?/B+[3I=WX@\.?M-?
M`Y-(N+BZN(#<W>I.L<PMV1`#^2_1OCU\)-&\`_\`!...\^%?[4?B'Q3^PGKW
MQ*\:ZMX(A^%AT+PY\1?$/B7XZ1_&_P`%:!:_$)]5GNM%\/6E[9Z?8:Q>?V*]
MY<Q)-+I]O"[H8_Z8/^#3WQ9\0OB9\7?^"HGQA^)GA_4]#\6_%_Q]\+OB3X@%
MUX=U;P]ITWB'QMXB^-?B?78]'M]4M8R;&/4-7E5$4N8XS&'.2"?TI_8B_P""
MA7[5/_!0/XA?$WX(>`O$OP9^"?BK]GN^^/#?%GQKXK^&.I>)M3\7-+\<_BC\
M+_V?+;X2_#*[\=::VN^!],\.>`S<^,_$QU!K>?7);?0K".TF:[DB^RO^"4_Q
MM_:A_:3^#?C'XS?M$_$7X7^)[>3XK_&/X4>&/"WPY^$-]\.O[$E^"'QA\>?"
M^_\`$>I:U??$/66UTZS;>&;"\6T%M:C3GD>)9[H,&4`_4ZBBB@`KR?XP_!7X
M?_';P_X;\,_$;3KW4](\*?$GX;?%G18;'5;_`$B6W\;?";QEI/CSP5?R7&G3
M1O<6MOXDT33Y9;=R8;A(FAF5HW93ZQ10!\"O_P`$R_V/AH?[:WAJR^'>HZ1H
M?_!034CK'[3NFZ/XN\2:=;>+-6FTN^TN_P!2T%+?4!_PAEW=KJ>I7%VVF?9Q
M/=W\MRX\URU=9\4?V#?@/\9O'_@3QS\2;KXL^)M-^'NH^`-=T7X377QF^)$7
MP+OO$WPKNX-2^'GBGQ#\'K?Q"FAZ[K^E:M:6-Y!//:,)+O3X)[E)Y(D(^SJ*
M`/A7]GS_`()Y_`G]F7PYXJ\#?#/Q'\=Y?AOXK\)^+O!C_"_QG\=OB1XW^&_A
MS1_'.KWNN^)9?!?@WQ%K<]GX3U2XU'4M3?[59QQSH-2G57"RL#P-K_P23_89
MLM3U36[/X6ZG;:UK/@K]E7X?ZEJT/C7Q4E_=>&OV,]?\*>)/@9;M.-3^6\M=
M3\"^#SJEPH$VMQ>'+6+4GN$B`K]***`/ACX>?\$Y_P!EGX4>.?A'\2_A]X4\
M1^&/'?P5UCXZ:GX1\2Z=XW\2QZE?Z=^T;XTU;XB?%7P=XS=K\KXU\"W?CC6+
MG5+/2=26XM=+O8HKC34MI$W'WK]G_P#9Z^&'[,?P_G^&7PBTF_T7PC<^-_B'
M\0Y;+4M9U+7KD^*/BEXUUOX@^,;L7^JW$DJV\_B?Q#JDL4(;R[>.58856-%4
*>VT4`%%%%`'_V3\_
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>6
<FILENAME>ellsworth-logo.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 ellsworth-logo.jpg
M_]C_X``02D9)1@`!`0$`8`!@``#_VP!#``$!`0$!`0$!`0$!`0$!`0$!`0$!
M`0$!`0$!`0$!`0$!`0$!`0("`0$"`0$!`@("`@("`@("`0("`@("`@("`@+_
MVP!#`0$!`0$!`0$!`0$"`0$!`@("`@("`@("`@("`@("`@("`@("`@("`@("
M`@("`@("`@("`@("`@("`@("`@("`@+_P``1"`#1`.D#`2(``A$!`Q$!_\0`
M'P```04!`0$!`0$```````````$"`P0%!@<("0H+_\0`M1```@$#`P($`P4%
M!`0```%]`0(#``01!1(A,4$&$U%A!R)Q%#*!D:$((T*QP152T?`D,V)R@@D*
M%A<8&1HE)B<H*2HT-38W.#DZ0T1%1D=(24I35%565UA96F-D969G:&EJ<W1U
M=G=X>7J#A(6&AXB)BI*3E)66EYB9FJ*CI*6FIZBIJK*SM+6VM[BYNL+#Q,7&
MQ\C)RM+3U-76U]C9VN'BX^3EYN?HZ>KQ\O/T]?;W^/GZ_\0`'P$``P$!`0$!
M`0$!`0````````$"`P0%!@<("0H+_\0`M1$``@$"!`0#!`<%!`0``0)W``$"
M`Q$$!2$Q!A)!40=A<1,B,H$(%$*1H;'!"2,S4O`58G+1"A8D-.$E\1<8&1HF
M)R@I*C4V-S@Y.D-$149'2$E*4U155E=865IC9&5F9VAI:G-T=79W>'EZ@H.$
MA8:'B(F*DI.4E9:7F)F:HJ.DI::GJ*FJLK.TM;:WN+FZPL/$Q<;'R,G*TM/4
MU=;7V-G:XN/DY>;GZ.GJ\O/T]?;W^/GZ_]H`#`,!``(1`Q$`/P#^_BBBB@`H
MHHH`****`"BBB@`HHHH`****`"LW5M9TC0;&74]<U73=%TV`J)]0U:^M=.L8
M2[;4$MW>2I'&2Q`&6&2<"M*OQ[_X+"?#CQKJ_P`(?!_Q=\/ZWI-QX=^$6IZB
M_B/P!K37<$7B2_\`%\NCZ'X4UK2;RS=-FK:9KC0RM%,ZQR03.Z,LD(CG:5VE
MM<3OT5S]@(9H;F&*XMY8I[>>*.:">&1989H95#Q2Q2H2LD3(RE6!((8$$@U)
M7Y5?\$[/'/Q*^'<,7[*'QRTR"W\56_@JS^-?PH\2:3KFO>*]"\1?#+QQ>/?W
M'AYO$&N:9:R/K6AZS=W-JRF)`]OM.TF/SKG]5:&K,84444@"BBB@`HHHH`**
M**`"BBB@`HHHH`****`"BBB@`HHHH`****`"BD9E7&YE7+!1N(&68X51GJQ/
M0=ZY'QI\0/`?PWTJWUWXA^-?"G@31+O4[#1+;6/&/B'2?#6EW&L:I(8=-TN'
M4-9NX8I-0GE5EAA#F20J=JG!H`^"_P#@HC^UY\2?V8--^$>@?"[2/"<'B+XN
MZSXJT_\`X3[X@V6L7_@KP;!X2T_2=0>UNK+1YX&O-=U!=5=K2-[A!]GT2_E2
M&X>-474_8I_;;N?V@-?\;_!7XJZ-H'A3X_?#2QMM;OX_"6J1:S\/_B;X%O;B
M.UL?B-\-]6CNY_M6D>?<6*7<)FE\G^U;*=)6CO/*MO</VD?''[(Q\"7/A3]I
M_P`7_!W_`(0G7[6SU-=!^(6OZ$O]HP.6.FZQHUA+=_:WF#LWV:\LE$J,_P"Y
ME#-S_.U^SKJ_P7O/^"OOP9T/]D&]UE/@[;W/Q`O-,NKB'5C97.CV/P?U[_A8
MVE:=<ZHGV\^"KC7+SP[<69U3#/?Z8GDGROL1:THN#TLUU$[W7F?UB4445`SR
M[XT?#K4?BQ\-/%'@#2?'7B3X;:CXAMK6"U\:>$I%37=$DMK^UO3):J\B+-'(
MELT,L;,H>*X=2<&OYW?VM?\`@G-XT^`7@C6?BAX@_;!TSXE*US!;Z/X/^+WA
M?5(=<\6:UJ.I^6NB^';F#Q[=C4+Q8M1DE$,-D`D=GTBC7>G].=?@[^UKX;E^
M-/QO_:8U'QCK^J7L/[.?@_X?:E\(_!IGM[;0K#5=2U[P]:^)_$_EVLJW<D]M
MIFO!KJWN`D%RVLZ==,;JWALD@N#:>]EZ)B?32Y\1?L2?\$X/V@?V@6TWXWW7
MQA\7?LT>#[WPEIEWX/\`$WPUN-;3Q;KL^M+9ZA?:-9B[\8JFGZ%:@LLTBQR6
MTMQ:P1Q"9HKGROZFO!F@WOA;PAX6\,ZEXCU?Q?J/A[P]HVB7WBS7VA?7?$UY
MI>G6]C<Z_K+VZ+&^JW<T#W%P455,MPY``KR+]DRZ^V_LL_LVW1(8R_`?X2%F
M&0"R^`M`1C@]/F4U]`JRL`RL&4]&4@@_0CK2E)R=V"5DA:***D9\]?M2?M$>
M&OV7/@OXI^+GB.REUF72Q:Z5X8\,VTXMKOQ9XPUF4VGA_P`/071AD%G%+<[I
M+FX,<@M;*SN;HQR"'RV_`SX?_MP_MX?%_P#:`^'J_#'QY??$OQ#>_$;PWI'C
MOX->`?A(5_9V^'?@VYU>V?Q;H_C7XL7.DW$RZW8>&KV\FGO_`.U!-;75A%!!
M]LDD%H/T+_X+1^!?%?B[]CJWUKPM-=0Q_#OXM^!O%GB@VAD\Z+PCJ=KK_P`/
MM8U&)8R")+)O'%I>&0D+!'923M\L9KYU_9H_X*6_LU_L]?LI_#?P1X"_9X^/
M8\._"3PCH'A?QE?>%_`^ES>"--\3P6ME#X@UG5O'EUXB6&>^U+6[J:]FGO?*
MNI9=55[A(WD`K6*]QM1YFW;TV_S);UWLO^"?OO17Q)\*?^"A7[+_`,:?$7PY
M\&?#OQ?KGB/QQ\1M*O-8C\'Z1X-\3ZWJ_@:SL)1:W<GQ0FT#3;NS^'T*WSV\
M*3:C=16\W]H6D\$LEK>6L\OIOC7]L#]EGX<^.+7X:>._V@OA)X5\>75Q#:#P
MMK7CC0;/5;2ZN)O(@M]6ADO,:+*\Q556\:`DNN/O+G.S[%'T=134=)$22-UD
MCD57CD1@Z.C@,KHRG#*5(((X(.13J0!1110`4444`%%%%`!1110`4444`%%%
M%`'\W/\`P61^&/C[0-8\+_&KQW\=-:UW0=?^*-GX.^&GP`T)+K0M#\-?#RQ\
M$+J'B7Q/!J45T!>>/'\1V-Y]KNYX)%^S>);"UMW06867XXM_CY\:;W2-4_8&
M^-OCBXUO]G_QCK<OB#Q#\6O%[MJ/CCPG\+?`VD6OQ+A\.>')-?2=D;Q5X<L]
M-.E33S2-IUY#-;V1:.^A^S_N3_P5@_9P\/\`QM_9SG\>:CXNT_P5K/P%77O&
MNF:GK,-U/H^JZ9J.GP66L^%;E;&-YK:^O[NST$6,\<<VV[M(H7A>*X=D_`WX
M0?L<?M5_M<>$IOCWX8T'0_BOH7@C7/#_`(+@\/>.?%BZ!JGQ!L/!<=IIEYX3
MT*[D>VB71]*TVTL;"[FEU"Q8!I+2PEDO+*>--X6=/WG\+_R_K?U(E=2NENC\
M[?#WQ6L?#/A34/!I\(Q>(O%6I2/IO_"=>)](U_QI>>#?!E[))!HO@WPC'J$3
MZ=H5]:65X(9+[_2;NVM;&W@L$TV*(A_K?]A/]M&__9`UC7_$^A?!GX>^,_B!
MXR9M!/C'Q)KGB2TN]"\$FYL6M/#>C6L5I$FDPW.K68N=3O2LQNI(;2+B&Q0-
MK_%7X*_%/X,_M4_#_P`,^-?V.IM+NO&$]EXLTC]G/P!XJUOXG:;XN\&Z;I^J
M3>+T\,ZMHGB'4-52**ST756N8UN6GTN?R;A%>V:,/X?\;='^$>M?%&RTS]F;
M3OBR/"FL0ZOXG\1_#GQ/\/[V]\?_``YN/"NB^)(?%^C^));"PFNX=#TV_DL?
MMFHJJ*_VVQCU<&XLDD2_=EYQ?]7_`*T(U3NDTW^/X']>/[&O[>W@S]JV\\0^
M!-4\+:E\+?C5X,M)[WQ'\/-7N_[0@O=,LKZ'2M0USPOJ[6=N^H65MJ=S9PWM
MM<6UM>V,FHVPEBDAG@N9OOFOY/?V5?C$GQ2_;R_8K\?_``\TY7\9^)=%N-'^
M,L>DN]UINJ&P^%GQ!\,>+_&#RQ@QQ6&H>&_#W@#5I"A:$ZE:QG*S."W]8583
MCRR:V-8NZN?$G_!1+5?$6@?LF?$'Q'X2U6[T7Q-X7U[X7^*="U.QGN;>YM]4
M\,_%/P;KME&K6K`RPS3Z>D$\39CF@N98I0R.RGXJ_:J^&7@?]KC]FNU_;D^%
M'BSQ'X/\8I\*-.D\1Z3X<U6/3(?$VC^'M76^\1>`O$%];6,LMCKVGZU!?6AN
M)8[RSE&DQ0WMA=6R0/#^H_[0OPBE^.OPB\5?"^V\3R>"[OQ"^@SV7BB+1[7Q
M`^C7F@^(](\0V]S_`&+>W$4.I*TFE",Q2R",B8EPR@HWX8^*4^(7_!.WX)_&
M[]E[XB_#[Q!XL^#WQ3U+7Y_AY^TM:ZXR>$+6]\565K8:;8>/[+5KH6'@C5E;
M3+5;FWADL5N)(Y)M/BU,ME"&MK?%?\`?2^W]6/L']A;]M3P-JG_!/:+QE<R_
MV=J/[.G@W3_AKJ4%S%=1)KNH:)HMII/@'4]+&H6L!NX-6D^Q6Q95$*7]E?Q(
MQ@@#GZG_`.">.HW>J_L7?`&\O[J:^U#_`(1&]M=0OIYYKB:^O]/\2Z[I][>O
M-<,SN9;JUED^8DCS,=!7\ONF^,SIW@>T\!6_A/Q1J?[/OB"^^"_ASXH^,O!=
MCK^H:)X8\3_"J/5)]6U?PAXBAUG2=!;7;OP]<ZO<'0A<W%S<7&LWU[JAMQ"C
M2?TR_P#!/KQ[\`-7^!6C_##X">(/&&I:)\*!<V4ND_$:U@L_'6FZ9XJUO7/$
MNB7>HFT!M]6TJ9+R\CLK^UDFAN8].):5IED)<HV5[;O]/\V"=WOI_7]?,^[*
MYSQAXM\.^`?"?B;QSXOU2WT/PIX.T#5_$_B36;O>;;2]#T*PGU/5;^98D9W2
M*RMIG*HK.VS:BLQ`/1U^?7_!4VT\37G[!_Q[C\+B=GATOPG?>)%MBXF/@/3?
M'OA;4/'Q/E\_8U\(6VL-=#H;1)PW!-0E=I=QGXF_M<?\%A?CEXRM-;'PJ\/Z
M%X`^"6OW6H^"].L_%O@[0O%GB3Q[!<V\%EJ&D^(E\3&YTR`W=KJUH+C3[>WQ
M91:DL5S?2D.]?E9\*?CI^TKX!\">.M(\#^(X-#^$'Q)T\>$/B%H>H6=WXET?
MQ7)XBTZ]B@@G^VZ,=/L=17P]]O\`L=TBVM_+';HZ--;0Q74G5^)(?$WQC\(>
M!?!7PX\$>)/$L7P$^'/B?QG\2#IUM;7%OIVA^*/%>L?\)]XUUA0Y(\-IIVO:
M;IRNFZZF32YI8%5+>5X?IRX_9T_:`^/?[.-M\2_@5X$M[K]FKX*75_9:5X=M
M-434_BS\0/%4DEC9?%/XG7'@GP[ITSZEKT^HHBVXGN(VLM!TN&#3K:>V@$MU
MTVA%\NB7YOI<RU?6[_X;^M#Y[\#?&O6/@QX>\,ZG\`M;\1_#CXR:I#\4/#/Q
ME\=6]S;O:>(_A?XNM/"UOHGA_1+.:*5H_$5HN@W4]OJ"B"XL;W['/"["U4+Z
M-I'P[_9WT7XU_LD?##Q1<7?Q`\#>-M2^'@_:;71/$%[%9SZ[\5YI(-,\'V.J
M:+(+BYLM'NM9\'IK3Q3&[NI'U2.2Z#KA/T8M_P#@D=\=OC=\-?AMKFG?$S]F
M/P-81?#FPUCP_J7@[X/>,=!\0>(]3U;0+*[L=+^(OVJ^MYKOR[Q4@N-2*)>*
M);BX.E"Y;R%^3_\`@F'\#_`GB#]NZ;X?_M#W>M>#?B%\!_%>I_\`"*?"Z*UL
MKC0?$GQI^&MU?W^MZ7X@\4JY-Y:Z;8V^G^(-!AMX8[?7;-#?/<*EJ;*8<H-2
M:=G;6V_W^0*,M+K0_K`^!GP@T+X!?"?P9\'?"^L>)M<\,>`;"ZT7PU>>+]7F
MU[Q!;>'O[4O[S1-$N]8N1YNHV^FZ7=6NG6LDQ>8VFE0":224/(WK-%%<IJ%%
M%%`!1110`4444`%%%%`!1110`44UF5%9W941069V(554#)9F)P`!WIU`'XY_
M\%N_B#>^$OV1O#_A+2[BXBO_`(I_&/P5X2:&W8`W-A9P:OXCE\U2I\VWAU+2
M-(N9$XW)9L"<9KZ"_P""9M_X>\.?L)?"/3[B33O#D7P_M_'OASQC%>W%MI\.
M@Z]H/Q`\5_\`"02ZW)/(J6$\LTAOI6E9<IJ2S,2KAC\R?\%RO!FK:Y^S#\,?
M&FG1H;#X8_M"^`-?\47+EL:?X:UNTUSPI<7K*%VF(:IK.D1,6*[?M8(/!%?C
M/\2O'?BKQ]XF^*7P]\,>+KS2_A;KWA+X:_%4>"'BCF\/ZK\7=;\)7WAWQ1XJ
MU>P:;&L)'>^&=/@6WG\VV\VS-REOY[QO'M"//!):6;_0ENS^7^1_7%X:\&_!
M#Q/XP?X\>$=`^&_B7QQJVD)X=7XLZ!;>']=URZT2U`B_L>T\86(FD73PH57A
MBG"-M42*VU<?C)^U?^QW\0?V>/$7Q`^*/[+.@>(6/Q5T'Q7XE^.7QM\2_&'2
M=(\4QW+ZE+K6J>'_`!EXZ\7W4=WX+^$:VD4=](OA^.2YOKB.6*_CN/LNEPM[
MK^P'X[_88\&'PMHGPZ2U^!GQM\2>"_#W@;Q_\/M<O+_P_:_$3QKIOD7,_B::
MYN6&D_$+QO/JC:F+758IVU>YM=3>VN(4(2V@]W_X*@S:RG[(WBFVTR.[?3M2
M\8_#O3?%)M0K*OARZ\6Z<)4O@Q`_LZ75DTBWGR579=D.=FX&$FII=7IJOT_(
M>C5_R/P$_8:_:<^!G[#/CJUU_P"*OPI\9^,/B1XGTZ\_M7Q]X?U#18/#_P`-
M/`GC+6-0U1(?!'@>ZM8;C49+^;1TDD,]Q;7ZV%E%;PV=JHFBO/ZRK#XG_#W4
M;/P%>V_C+PZD?Q1T^TU3X>0W6JV=E?>,K&^TJ+7()O#VGW<J3ZG_`,2F>*=U
MBC9HXY`T@7-?SO?`OX1>`OCQ^V7X@^`3:%:^)_@E#\/KSQ?\4=.O[NZTLW>C
M:0GA_4OAE)X?O-#OH+FQUZR\7^/+J&VN[9XP=!U'5+21FCO=E?1'_!3'X0?'
MKX):WX*_:N_9@\?:;\.?"WPO^![?`?7?"EKK'AWPY<^'_!%OJLVMZ?;^!K+Q
M)%]FUFXO)8-&LUL;66WU19O#^GM9-<`R1Q5-)S23LW;?T5B8WMIJOZN>>_\`
M!1K_`(*8?&WX/_&?XF_`'X6ZE9?#+4O`>@^$+W1M5D\*0>)-;\<7?BS3-+U^
M+6Y==UI9=,\,^$8$.IV#VUO9WFK7#V5Q,L]F7ME'XA>']#_:B_:&U&/XC^._
MBY=^+-+O=/U+2M7F^,5QXD^(GPWUBXGFA:8>&O!VO>)#<>);RTND86UY;0:=
M91M/)'+<;8UB'6_!;2]=_:F^)L6F?%">VN_!?@674?C)\<_$,YO=6\8?$:ZU
M"9].\/\`A;Q/XTO[Z:XU+[?J,-Q"D$,D-NFGZ9J"JCS723K]^^#$/C_Q]>ZC
MJ%A9Z3X6M9U.F:;8Q06FB:/X>TQ?)T^TB@")':6,5O!;J"`J8B&`J\#:,%'_
M`+=W?XDRD]5W/S>N?@Y\?OV8H?"GC/\`X2_Q%J?@E)#;K-X8\0^+/!^@_P!I
M7(NXM'77_"OASQ/:/I&I0AH5T_4%FNR[^;:M<[[IHI_K+_@E#^V'<_L[?'L^
M`/'>K^!$^$OQ&?6!X[^)'C&R-MXW\'.R>)->\"Q7/BNWC%Q+X2&J%=,A6]MY
M;)S?-<O?V]Q!.'X+]L']M'PQJNH>/OV>?#WAG1_$?AF*PT33=,^(&C>(K76!
M=^,+6]\/^)0+&VL@]N^E6<\2VLQ61I8[J&5F"A!$_P`*_$#P-XM\'/H]CK<$
M^@ZIJGAGPUXUT"]C(E<>&/&.EV/B#3[^$B1/M-A+ILT4DUN6`:2V:,,D@9J5
ME)-6LO\`AOO&I/3JV?Z%VD:QI'B#3+'6M!U33M;T;4[>.[TW5M(OK;4M,U"T
ME&8KFQO[.5XKNW8?=>-V4]B:_*3_`(*'_P#!3/P1^R5KR?!0?#&V^*7C+Q%X
M&A\3>(](\5:M'X=\#1^"_$<_B/1H].NIVTF^E\17U[%X<\0)+:QVHMHH44W,
M_P"]\JOY@/V9/VW?C[^S#XHL[CX3^.=;\.Q7$_V_4OAGXLDN==^%'C66SF-O
MK%A=Z'+/C3-0^TI+"UYI[Z?J:ADE669&"-^VW[3/[>7[/7[5G[)[>(;*V\"^
M!?V@['4/"6A>,/`GC'3M-OO'MQX$O_$&GQ^+M&^%WC1])+:[X9GO+NQO;F."
M:UEETW2]0@O[."5C%)DJ=G&^L7_7X#YKK31GP;^S9\"/#_QL^+VM^!_@_P"(
M_"?P"U;XFQ"_\!:%XOE\9>*-0\`:5:V;W>O67PG^(6F-:7&L:K9:+-<R6OA[
M6X+**6+2COU2_6.[#_UI>"?`?PL^`'@2YL/#FC^"?AWX5TN"36_$^IZ;H_AS
MP3I%W?QVD$>J^*=?&EVMK:17LR6R--,RJJJBHNV-$5?YT].T;P[XG_:`_P""
M:EK\*K66V\?-9_#*;Q4]E'NN(K;X9>-?&$_C75=8>)`'CG\'^'-74R;?GMO(
MC9SY@W?OO^T?^T/\%/@#X2AO_C!>P7RZU,B:!X$L]-MO$7B?Q==Z?/!=_P#$
MG\-SNJS0VL\=O-+>7+P65FR1/-=0NT6XJ)MQ2U\NJ_7[QQVN]/\`AAGPL_:Y
M_9M^-?B6]\'_``P^+WA3Q5XGL4,C:)#)?:;?WD:Q-/++H\.M65M_;T4<"EY6
MLC<"),/(54@G^7;]L3XC1>%_^"FNJ_'/X97MK'8+\:_!T=A=02@PW_BCX)W?
MPV\(^.9X)$`!CNVN?&.F2;!(+J"YG!)C*E_8/VX?'_B?QWK/B#]JYO`6K?L^
M7'B+PGIME\$=2?4[32/B@]_\-K#Q+XAF^*^-,0_9]0-_KFDVD=XC30-%IMC:
M1SW?EW"Q\-\/?AC;?M#_`+5__!.[X)Z7I$]S9?#&R\6?&;XPM';(Z6&FZ7X@
M/BK6K?Q=>A,RZG=:G/X'TZ1F9G>X\1K$V?)<1TH<JY^C7W=Q7NTEW_X/]?\`
M!/Z[Z*AN;FVL[>:[N[B"UM;>-IKBYN98X+>")`6>6::5@L484$EF(``R37A5
MY^U5^S#IVLIX=U#]HKX&V6N2$JFE7?Q7\"V]\7#K'Y/D2ZZ&%P7=0(S^\.<A
M2*P+/>Z*JV-]8ZG9VNHZ;>6NHZ?>P1W-G?6-Q#=V=W;3*'BN+6ZMW9+B!D(*
MNC%6!R"15J@`HHHH`****`"BBB@#Y\^)?[4'P9^$/Q3^&_PA^(7C#2_"WBCX
MGZ'XR\2Z'=:]J&FZ)X=L=%\$06+ZG<ZQKVL7L$%G<SW&HP16-N&:>Z-M=R1I
MY5G.Z_D'^TE_P6`^,7@VXC\<?`?X$^%=9_9^G\3ZWX)\)?$_XJ:GK6DO\8M;
MT6"8ZAKWP^TO2KJ"XM?`]O/'E-0>VU".\0P[WT][F-`W_@M_X6^"GC3P;X%U
M^Q\5:(_[1_@+QUX7^'FF^%XM1\/ZG)_PB_Q'M[WQ3,GCOPCJ=PLBZ1':>%YK
MS3;_`#$EM<SN'=[>YG4?A!XCU#Q;XZ\7:7ITOCO6?BR?`/AV2\DU^^FO9_#^
MG:/X6TUM<\2)H-K>NL6F^$X&M&C0P6]K;W`B#0VX22#=M3IJ5F]?(B4K:(]+
MU+7_`-N;]M:'QM\2KN7XR_%7POX:U![3QGXMT#2O$&I?#7POJ,6GIK-SH^B^
M"O#=S';DV6EWME//;6,&^UMM0MY;EY7D+MI_`KXD_MA?"B\7Q/\``']J/49%
MTX"\N?"6KVNN>(?`VJ:5;RBVN#JWA?6M=OK.WM%EF$;7$=K;30R2%5N(7PU?
MKU_P23N'^*/[4G[7?[0W@FTLOAO\$]9T[PCX,T/X6:5=VEOI6H^,=:6R\3GQ
M$=%TV46MO?VFAZ).PEBB422>-[Z&%C%:,%L_\%1?@!X"^$WB[PW\?/A3>:3X
M6^)_Q!U&]BU7X<6-Q'X?7QGJ6E_V<NK_`!&TC4'M)K#0I[;3-0BA\01WL!L=
M92_LPX&HR.U[:E%R]G*.G3R\G_F*S233U_KJ?*WQ4_X*H>.?VH_@KXD^"/C;
MP;\'O!UAXR\.ZKX+\<W;6WBWQLOB:Z;5KC3K'6_##2K9Z?\`#ZXD:VL[NSM-
M2N-1OK6\MHI%D*^46^2-1^!?QG\-^%O"_P`6_#]EI'CWP+8PR^$M4U9+=+.[
MOK67R[FWT"\UFQU*6UT;Q1;ZI$9H(-5MK&.X.H7$,4NRXBD%V+P%\=-`\*:S
M=2_#+PW'X*\2:OK&LW*QM>66@:MJ'BC4+G5]9?[7:^'DTR&&ZN;^[=88S;P"
M:8!(XT`VX7@/XA>/OASI7BG0&M?'_ARPUK2I-#U"RT>.#Q9I7COP[-&LMMI6
MKV&F27=K/J]I+$D<4UV+>13;QW,-Q&TDPCTC%124?F2VWY]CTSXD>/(_BIX!
MT72_$VAWFB>-M+TAM!'B>]M+72_$^N^&TLTATN+Q6FGRJEWXRTMX9/L>HQL9
M[FWEMC<2&>TBN)?Z+OV9?B=\-?VUOV0-#\,>-M7LO$6MZM\.HOAQ\<?#5QJ4
M,'B73/&6D:3#HGBN^N(`5GL&GU*W.JZ7?!`KP7UG>P.<J1_)S<?'I85%K/X:
MU"[$2M/&^GZC8R78MOL4=])!/:WEM"9;F-IGMBD1<&YB>"*1MI%<]XA\2ZWX
MENQK'@GX3/=77A6.XOM<U?7I]*TQ_%&AVJRVUUX?T,:>J7VKZDZF&>U,3I"T
M<7SR,66*29Q4TK.S7_`_X`XRMI:Z/K;]JWPG\0?V"/B1I'BGX$?M,>'O'OQ.
MEU4>#/!D7PI\10S_`!=U#1=9DB@E\-?$;P-+I=[HDFF0V.FZ:TLLMY(HN-.M
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M?LC_`+5'AS7])\1_!?XTGPS8A]*UN[\/^,M-T2QTN/Q!9Z+I]WJNJ:;J=CHN
MG0_:?$MMIMI<WEG)#`LM];6DH^SB[MV$_A'PSO\`Q#I?Q471/"VOMX9N_'OC
M_P`1_$?0=.^+?A/7+?Q7X?\``>I:U%=6][X>\*1ZFJ2VVH3OKXMX=1N;*2V7
M2EF-BR"=G<;;/9V_05WNE\SZ&^(W[,OPX\-GP/\``?P3\,Y/!?AG4WU:XLOB
MW?7FDZK=>*O%-E\*_B)K-AIJVD=PMU"FDWNAVER]L8[;3V$_EVT:L2]?%?QS
M^(DGCSX5_"&SUY;+3OC3\$M/\0_`CQE;)*KZ;J?@_P`,S1:_\)O%%M>947FG
MC1-=U.Q:5E1GM=-M'E59'=1^J'[6FJ?$SPU9?#'XB>!/"FB:KHWPS\3:;XY\
M1:WXA\0)9PV]CJEPGP^\1>'7TF.SDD\FZ\%^-?$ER-2&^*PETF-Y873.?B'P
MM^RU<_%3]I?0;SXS^'K'P;\(M1^)WPX\/>,/!H\1VFO>(-7T/7_&FE^$;>VG
MU3P^(8-&LQ<^(!.\XEEEVV=M`D+1B9BELVEJO\AJ[MVV_%'Q78_#/5-9^'6O
M_$S31#JOA/1?B)I'A2QU%["[TAKK5]<\*7&MQPM#>2RR6:W4&BZQN;F2(W$-
MP8U<JE5?#]GKFKSS:EI,-K?V?A^*QUC5].U;2KDK>:)YEM$E[/-IUW%-&$N?
MW=W#Y3HUQ%<P_:5MMDS_`&?^T9X:\;?L9:=\5/V%?$6CIXJU35?C=\-?BWX+
M^)$22$^(?!<'A?Q)HD&L3:7;Q.\,_P#9]T;C4BH\C3YO#VK>9(]L(9S\M:,G
MB?X5:SH?Q`GLS#I/BBVO?$UG%K%HUQIWBK1K>^E\,ZE:6[2:G#:OH$FH:7K]
MOJMI*(Y)1JE^WVJ-I(4-1?,DUY+Y=Q.^M_Z>A_2%_P`$V?&7[!7A&V@^*&H?
M'32Y?VB/$>@-HFJS_&+4-&^'Z^&M+N7M;W4M&^&&F7=RFG7'AJZN+6S;^T8K
MR^U"]BLX4NY+1Q+81>%?M:?'3X:>/_VR+[XG^!WM?C+X1\)^"O`7A;3;?[1<
M?\(AK'BOPSJ?B[7KFST[4(@?[2\()J>O>'GOC;;8=1FL[JSCG*[I5_##5-2;
M7M?DTWP1#X[\#_":77SXHN?"VN:S;Z_!I%[/=_;'\/Z;K-O9Q7"63W\BH)C<
MP9MU<L9YRP?T2T^)WQ!6Y$^G:U\/-6T\SV\HN/!4U_-;V>Z-72&%=2U:(_;8
M$;YF2X=@T01I`5I1@E)S;;;&W=)+1?U_74_2'7/@#^T3^USX@U?XK?'KXC>'
M_AGX`$J:JWC7QSKMMX;36(-'DCU&#2]#T_5K=S9^&K2\B81Z?I.F2K/]A4?;
M$,[Q3>)VGBY_V<?'YU[]F3XF_$?Q3\7=<DDT.P\9:5J>JV^D^,O#&AW4.J:E
M)XCT+XBI=1CP5#JE_@+<6@:>YNXI+>,S2)L^8_#?Q3\:ZCJ5Q>>(/!=KXHB@
MN9#9/<-=VU]<VL<\OV2Y:\NM1U&*&X>S$<DD1R(Y>$=D&X^__#_P<OBV36_B
M+JWQ[^#_`,+_`!!XC^S6=OX/U@ZM+XLT#3]'B:*ST:-['2;XVFGM)+=W,TEQ
M9VAN+C4G*#R8K=Q5E:[5UVM_7X?<2W;9ZGI-[IW[5_\`P44D\=WO[0'Q/US1
M_`?PJUF_LO%,VOW<GPQ_9X\!PQZ#I>JPW.J6?A.Z\GQKJXBO(HHU9]2O+NXF
ME:**SA9;>W^;?"'[`'B3XY2>*(_V6/#FIZYX&\":M>6'B;X[>,K^'P!\$9QH
M\/G:[?Q6?C@3S71MT20SPVT5S<6<1_TQ+-L(G6ZC<W$5[9:!XK^*_P`3O%WP
M$T;Q5I&H_'#5?!'A74[=O`V@7UP\5UX@MM9D1=`TG6Y8(VEM;C5[".Y:*T9[
M;_26MR/ZI_BIX;_9X^"W[&GB#X;W]_!\+_V=S\,F^%B:_I,&I7ECX4\-_$*T
M_P"$0M?$VI:A:03S1VYOO$<=Y?ZM=EE$EU-J&HSX:>:LIR]G915BTN;5_P!:
M'\=7P4_:,_:>^`-E=?#WP5\=/''P7\%Z]J9T[Q19>#38^,O#UOIUEKK0GQQ\
M+[/Q!;M'H8N8+5K@'35T^>\MIC:7J1W"YB_4SPE_P6Q^*'PZ^"7B'P%XOTM?
MB_\`'?PIXH\-6GPZ^+]OX?M8/`GQ6\&?\)AI1UB#Q]H-I?:5>^$O%LOA(:C9
M6EQ96<PN;O4+.>2TCN(;J.;\<-?\?^*/B]>?"OX;V.F:#JNI?"_X4ZOX?M-1
M\(I%(=?T_3O$?C'QIJ&KZQ<1@I<ZJL=YKKR)YAE2#2P\JJ\PW>J_##XL_LP_
M"+XN_LD?&J^T+4I-6^&6LZ5)^T3\/_%,<OB#PUJ@TN^EMK#XM_#ZQU/4$AU'
M7#IM]'J$5@6#V6N>&HGA3RYHA3E&+5U&[\OPZ=11D[K70_N]LYWNK.UN9+>6
MTDN+:">2UGP)K9YHED:WF`X\U&8JV.ZFK->2_`OXK+\<?A1X-^+4'@WQ9X"T
MWQW87&O:#X;\<VEKI_BN/PS<:C>1^&-8UC3+2YF72IM3T"+3M3CM6D::VAU>
M.&XVSI(J^M5S&H4444`%%%%`'X9?\%M?A[^SYIGP6M/BGX@^%^G:K^T%XVU3
M3/@W\/\`X@:;J.I:#X@TG3KJUU?Q#JMWJCZ3=1+XHM+#1-,U@V-K>).(KW48
M&CV0^>K?S_\`Q,^'=_\`LT>-_#/P)\6^+7\%7GQ-^''P]A^*]S;:2]_<>`_"
MWC#4]*\5Z]ID$4.YKS4=)\(6VC7=PCD"XNQ-:@-$1O\`Z@_^"N7P'\<_&;]E
M^Q\1?#+1;GQ-XZ^!?Q"T'XO:?X:L+:.\U+Q!H6DV.K:+XML-+LV4M?ZE#H6M
M7.H0VL1\V\?1!:1+)+/&A_$7]C']L3X>ZM^U%^T]^V'\:=)U/QG\8+CP):V7
MPE\!:)8^;X+NYO'&H2:7XDM[S7[\R_\`"+Z=I-AX3\):8TMY$8[.PO[QV6>[
MDBMVWIM\KMK:^G76W_!(DKR72W]?Y']!O[(/['?[$7PHCTWXV_LM>$M'GM_%
MGA?3=,T/QM8>)O$?B32KS1;&U&G-?>'[75M3EL].GN3%<&XN+2WA>1KJX1&2
M&:2)O5/CM^R=\./V@OB#\&_'_CN&TU8?"*[\5*_A#7_#GASQ9X,\:Z%XPTJ'
M3]3T?Q'HWB'3YA'-!<V>GWEC=V[QRVUS:!RLOR>7RW["_P"T#\0?VE?@Q>?$
M?Q]X.\-^%57QOX@\.^$-0\&MJ?\`PB?C/PGHL.FQ0>)O#Z:Q-),VG+K$NM::
M)A(T%V_A][JV"0S)&EG]K;]M_P""7['GAE-0^(.K-J_C/5K6YF\)?#30)[67
MQ5X@:!#F\N1-((O#GAN.0#[1J=Z8[>-5<0BXG"V[Y6ES6WD4K65MC^<;]H3P
MW\&_A]^U'XJ^#_PN^(\>@?"+0O%%_IE_9:WIVI:GK&CZ]+J-R?$7@GP+9Z7K
ML`\3^&-*U#RK'3[C4E2=+JWFL/,GBLH[R?A_C!XD_9]^&?@JXU#1[KXQ:]X@
M^VPV-K?>-;+PSX-TR\U(AGM](T'PC9:A?7FLZK,D;A?M%_;001AYY,QHQ76\
M4?M4?%;XU^&_B?X,^'GPB^%'P`^&WQR\3^)O$_Q.N5T"3Q1XO\6:AXMN/MMY
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MM8-(O;W1]'DMHY'FEN`U[!#:6]C:))YFY\:/">N'Q)\5_`NAV?BWQ9I7A#P7
MI0U#XB?"ZSN]<\/?#[X@Z?>Z="NDZ[>:/93Q6?AZ[UFYUB+2[V9PMX=!FDE4
M6LJ[W=*[;V_X'^8DKO3J?&OQ3\$?$.V^.7B73?%.JZ%\-_$EKX$O?&]O!>^(
M#J][H'@7P+I]K:ZGKTMMX>5)6UVZOM<N4M;'?!([1&!FCEAN-GUKX+_X)+?$
M[Q=X2\%^((_B-\#?#FL_%?2K2/X:CQ5\9K._U_XF^.O"@F\4:AX:TN'P-ITV
MEQ>(M1T:UFM9M+35[FTT40W=RD5Y*LJQ?3=G_P`$L?B]\:3>_%?P7J_[,?Q2
M\7^&?%MMJ6J>+-%\>_$*YT;XS^'[K1/"WF?#,W=WX(MT\*:;I>MZ'J][:36^
MIW$BOXSOH+HQW2PWP^P/V2_^"8GQOL/BUX;\9_&J+2O@I\#?`'Q.\,_&GPS^
MS7X+^*WB#XI6.K?%SP)`\'@[Q=J6LZC:0V^GV]M/+]HEE#7%_>+:06,WE6P)
MK&4T[N+2?I>_]>AHD[Z_H:W[,?\`P2+T*7X+76N_&>Z^*>C?M"7'P^O?"'AN
MV\:ZC\.;O1/@YX^TJ[-]H'Q!^&S_``U><W>G6NM06TFF/?ZA)=_8;B]BN[=)
M;V0C\]/B+H>G_$+Q[\&/B;XATR]\)_$KPI?:W:>*(+';!+I_BFSCU;X?_$SP
M-K"S0L]WI</B>TN)X]V&CN=/BDC.V>4/^_?[9?[?7@;]ERXTGX=>'=.M_B1^
MT!XQLY+CPO\`#J#5+?3M-\/Z>Z2+#XQ^)>MO)M\+>$$G7@M_I5X(W6V3:'FC
M_G2\:^/]33XB_$&/Q9XMTCXC?$KQI\3M*^*4&G>`=`%G'J5_\0_"6F0^(O#'
M@OPQ;SR3_P!GVOB3P5>S&YNVC5UU$ZAJ$\3322%TG)MREJF*26RW78_2?XL:
M!K^M?![Q)H/A;PQH_CJ\\1>&W\.77AC7-;7P_::GHGB&--)UZ1]7:TF%M-#H
MMY>3P?NR9);=$!4D&OSFN_%%K<6VK>!?&GCSPSX9^(&CV=O\//$&KS:O8M<1
M>,_!*:9JG@OXCF%;H2?8;Q[;PSJYZ>7+>36K,)86V_=>B_"GXC_$ZS@O?C%K
M;>%_#$MO"NG_``9\#Z_<16US9B$)YOQ,\=:1+#<>*[MU96.EZ;)::5!C9++J
M?,A^=_C5\6/A)\/-2U[X9P1:;X'E\%76F:-)96'AD:!;.TNG6>N0WFE065EO
MUC3$@ODCGNHPR?:8YH]S2(YJX;V(]$?K+^RQ^SU^R%^TG\)->^/^A^#8KGXE
M_&OX;^)_@W\3/%%_X^\3?$WQ'\-KTZ;>>#O'?P\\!ZYXSU[4SX2T:POWOAIZ
M68@$MA-:2E6MIT0_SZ_MB^#O%_[/WPKN_P!E/XT:1IVJ:G\+?&WC#QC\$/C#
MX=EL;KP_XJ^&OBT:C;^/=`U.2.Y:71;^#Q%INCZA)I\X,VFWEY=VT@>WFL;N
MX^Q/A;^V/\$OAWH&H_%SPK\9M$^''CGPFMQ=^*#INDZBMO\`$/2=.C@/V?QA
MX/ATZ./QN]Q&5B,D<?\`;`,'VBQN89UW'UGX+_\`!-J'XY/I'[1.E>/_``#X
M_NO!EQ)<Z!\$_B)X3U+0],U7QW-K=EXPO='^/OC_`$34=4N?%VAE+K1[ZVNK
M#1K<ZQ;2VEW=VJP7][929I<C=Y73_K?^M.W33XK:69\'^&?A$FO>%_`G@>:[
MT^?Q9XO_`&?]/^*O]BZ)>/'JS^&[#0]3G\30R26UT/(UU;3PW>ZC&8W642W2
M0H(YI%DKY5^(7P1U'P>MWKF@V#^+;*)U.K^;IT<_BO1;':LJWQO=%LHI_%6A
MK:R"2"[?SM1AD895I"DB?IS\8?V6/B'^R=+\/&UX^'(OC#X\&N_#O3OC)?\`
MCKP]\/OV9_!.A>)]"E72O!7AVPU76KKQ)<QV/B2^O9M6U;4-$626P\FS@\H2
MV@'C?Q9U7QMX$\*^'M'\5Z%J7A#X\?"1?AY\)/&MA+)!83^(?$-CXFT#1O#F
MLZ4^B6^WR]6\":TT:7EO!<6NH6EE;7ZB837$2:*2FDM_^`39I_UY'YZ:'XI\
M1^#[3PM->ZI?VW@/QM/YVDO=(;\6=II^HBQUFUU6^L)05EM=0:"UU!DNH+F%
M[E6<R6]Q!>'Z_P#"VJ^)O&%YXF^'7PK\+^+_`(B^,K72=,U!9OA':3^);S3=
M/U&2YCDDU;3=9%U=V%\Z+`;,V]XV^2%X_L<JDM%QGQ-\5Z!XZ\0>']#O?@MI
M'PW\?^,=<TFX@\.Z)=:>_ACQK)IV-%\8ZD^E)=3'P7KFVX^U7"I!!Y'DW4$2
M"W8VT7M-C^P[:_$C0[WQ5\*OA[JDNI^$$MI-9OOAQJEOJ7C#P=?WEB[QP:YX
M8+0:K.`D$HAN(K&^M;B&+=:W+C>D=*Z6K2]7Z"2ONON/V9_X)C^%O`'QB_8U
M^(GPC\>_#U[RQ?XC^(?"OQ=EUE+VV_X6U>W6F>&-;N9O%$*>0T=Q'HUUI>@Z
MII82*WCCT![.2%4EFA'Z^3Z?87-A-I5S96EQIEQ:2:?<:;/;0RV$]A+";:6R
MFLY$,<MHUNS1M$RE&1BI4J<5_%_\)?VVOVK?^"?FJ6/AK08M.\4_".'6KG[?
MX*\0VMQ;^%;G5=9U2YU'6!=N8O[4^&_C*\U"]N9I;E3/:37EUON[.5F$=?U2
M_LC?M<_"W]L?X6VOQ&^',]SINHV4L6E^.O`6M/`GBKP!XD\MFETG6886*W5E
M+Y<LEAJ$&;34+=?-A82)/!!S5(R3=]F:1=TO(_&O_@L%\&/CY::GX&^*'P._
M9^\.>&?A]^SWX2^).HW?Q>\)>-?`^B:/9>$?&VEZ);Z]I6O_``WU"VL[FPU&
MTU&#7+@S6$.I17-KJ"F.1;N26&#\:_@PGBWX"?%/]GWXM>+?"^D:A_9^N>!/
M%4&GZ]I.F:SIOB7P+XRDM-+U=K:TOX+B..#4?#&IZF(64":VN8HW!2XMLI^V
M?[>'[4'Q/_9+^.'QRT[X]'Q!\6/V;?C_`.`M2\'^#?AGJN_1O!;:/KOA2PTI
M7\(^(;#0;E-.\6:9X@AU^#6+*61+R]L_$5GJ<(>6*V5/SS_X)\_LU_'#]M3X
M@?`C4O%G@[5=%^`/P1LO!?\`PF/CO6+&_P!/T+Q9#X*\0W_C/3_`WA,ZE%$_
MB?5KO5]22UOI[82V-CIL4AEN#<O!;RW!I1?,U9K^OF2U>2:WO^5C^R8`````
M````#``'```Z#%+116!H%%%%`!1110`5^0/QF\.?\$O-3_:Q\<^'/C3\%/@Y
MIOQ)^&OP]TWXP_$SXC^-ET7P9X<FL-8DE32DFTMM3MT^*.MR1R,VH![&[\D:
MC813M<37<4*>B_\`!6SXZ_%W]GO]DQ_&WP>NK[2]5U'XF>"?"7BG7])E>UUG
M1/!VN_VL+R71=1B1GTG5;S6K70=,BNHU,T)UTFW*7!BD3\&/C3:M^W)XA^%7
MQ9^%WB+2_#E]\$?@5\.O#GQV_:/_`&B=3T#P/!\1OB1X?L89H&NO"6K179M-
M=M;UM6A2>RMIYM3EU(K(KV6GVL]S<(N76R?7MMOL)M+U/U;^)'_!:+]GGP1X
M$\;>&_A!X`\;6OBS1?#ME9?`6QU[P0WA?X=^-=-:*+2]/\0:5]CEWZ'X-TW:
M9%M;FWL9;VVLD@L5#/*+7^>?P*/'O[3GQMU_Q%XK'CGXK>-M9OKO4$TCP[H^
MH>*O%7B_QDT']HW/DV-LKFUT#2;'4M'EVCR;*S:^A4M"EM"I\0^)'Q&\8^,O
MB'IL/B'Q-JWC[7;JWC.N>*/$6I75_)9Z/965Z-.TK35E($</^@W*6\,*16MO
M%$2(T+HC?I?_`,$F_P!N#X*?LG^//CSI?Q5T/Q-JC>,9O#5GH'B;PMH4'B36
M_"=[H]D+K6O!;:+!(EXNE:N-0T34UFM/-$UU8!;N+$=K)'MRJ";C'F?;?MY=
M_0B[D]=%T/HG3OA1^U1\/]`L=*TS]DCXD^%8KVTA2Y\7:/X&L?B-\3KY7.)[
M=/$&GZOJ'_"";@[`KI^FZ<X1B#>-(/,;P/5K5/%=IXG\+^*_`=WHZ>`-7DO-
M9TOQM;,UYI&M^%=<@476HV4DIDM?$H\900V5DCR>?+>%7W"/S)$].\"_M5?9
MO^"JW@OQ[\/8?&/P4^'GQP\6^'=$U3P-\4/$MUH&I>,_#%SH=]9^)O&GCSPY
MKFMW$>BS37D=YJ.FPW3HZ-HMDMLT<UTT#_8'QZ_8.^.FG_M.WWCCPY\,=#_:
M"_9[\9?%^X^+>O>"KGXB:-X"BOV\1+JVH:OX4\<'6[J)9M*LO%NLZC?6-Q`F
MH0W-A='39[0--,LQ&HT[2LKJ_P#P-6#BFM.Y^?'AWPEHO[1&E_LX^!_A9&NL
M_M+>-OB_K'Q`@\4V=QJ<GA7PI\/S!!HKOXBM;<J9-*BT"W\7:I+<(8YH[22V
MM[=Y+G4+1!V/PG_9^_X*#0^&/AW\$O\`A(;7X>?LPZ#X_P#&'C"]^(7P5^(W
MAG0/BO\`%32]<\9:QXHT[QKXCAFU+3=2U+Q%<VTEG!IT&JW-O'H\+0"YAN_L
M44(_9WX)?\$\KSX!_M%R?'#X6?$O2_!O@[6O#FJZ)JGP<N?`=EXGB\-:5XEU
MO0_$^K^#/`OC6/6--&E>&;35]$@ATR232))[?3_]#99$2!H,#X7$GX9^`@6#
M^7X<B@#!=N5M+^_LU.W)P=MN#R2>>2:ES4Y>6_S!WBK]3ZF7]I36+<6MO;_!
MKQ3/`D<43W-UXZ^%\<J;5V;I$7Q:[3-E068#!W$UR?CC]J7XHZ?X+\8:AX'^
M`%WJWC*Q\.:_=>$-*U7XD_#P6.K>(+33+J?1;2]73->DF%M-?QVZ-''^^?S/
M+0JS!U\_HJ>2(N=]D?S?Z+\6(U\`_&+X\_$W3/"OQ,^.WQ#^+>E^#WO/$]SX
MCM=:TWQ;J.GZ]KNH0^-_#*QPKI?@K2O#F@NVFZ;!*KO>:;<Z9</:K9JEOU7[
M%_P%\0?%+X9_&KXSSW%K9>,O'/Q.-IX;\3VFFPZ5)XJT3PMIYMKO3K:UM>-,
MT`7$ME#;0VQCA2\TJ83B38#'Z9^WK^RI\5=>_:"C\2?!KX6:I\1?#_QC\.Z?
MJ'BS1M-@GL]#T;Q_X0N)M..OZIJ=O?6=KI=U-I&H12HUY.J7#:IK#`/+*S"I
MJG[/O_!2NX^$,_PWM?#7PRT?P'#X8GT*T^&?A3Q+X(TJ8:1,DHN=)BODE2Y3
M4I?-=WN4UA9II9I7DN&DE=VUO:UGL#:?75V/.(_BA^T]XP^(<?[,?P&U2_A^
M*%_87K^(-9\07#6>F_#SP]:HJ'7-0U"2SF-A=-"\4D$GE3M`LT#I!/<W%C%)
M]T6/_!-G]G^'X7ZAX:U/X2^-?$WQBU.VFU&3X_>*/C79:OJ\'C6;3Y)I-8N?
M!;QC2]8\/R:\Y2XLKRWN;JYLG9FU%;LI.DW_``3C^!'Q/^'^E_&'XN_'OPE?
M>%OC+\6?&,%I<6FL0Z5!J=KX*\,V%JFF(MMI.KW\=A:3:I<72)']JD9[70+!
MF)"1FOTNI-W=]A7MM_7]?UJ?@-KO_!+GX_:LJ)IMM\$/#JS6,`ODLO'WB0+%
MJH3S+M](OK;P!'=0:<UVBM"L^YT$A#LZJ-WZ,_\`!.OX2?M1_L2W/Q!TCQ;K
MWPT^)_PX\::?I-UIOAF#QUXOM-;\-^+-%8VL-]9WVH^!IK2+2+C2+FXBNX;>
M.%7EL;6XC@C?[0)?N"BE+WMQ*36Q\]?MP_"C7/VX?`OASP]JWACPG\.?&?@K
M4-2O_!'BZ#XG:YXDTVV.MQZ?!K.C^)?#@^$MN-5T2[33-.=S!<0W5O-ID,D$
MQ3SH9OR(^%W[*OQ%\=_LS?%']IGQ)\8/&GQ+^,G[*/QH@T'Q'X,M$UJ;P?I_
M@WX2.^E2ZQH-_P"(KFZU3Q7:Z-\-=7M]0TNTG%E%I_\`96H1?9KF:>*1?W_C
M.)$/7#J<>N&%?*/[`'PJTCXO_#G]M/X8S>+?'7@J2W_:T\8Z@GBGP%K*:#KE
MO=7&EKI<T$OG07-GKNCSV"ZA:7EAJ-I<V=S;W)5X?,6&:)?"M.C3_(N+YF[K
MH?D;;>)_AUXH^.,<WQ!T*WNO#WB"677/$7B_3+"[L6@O/%FN6[-X?7Q;IZ@:
M)/>R/XRN=`AEGC%U?:+,(4F9"C?5G[+O[+7[17Q>O/BK/\$_VA?!WAK2OA+X
M\U/P!HOQ-U>Z^(FE_$*X\(SZ1IGB#1+Z:;PO-:)K>BW-GJ#LJ7E[%,B6RO.'
MF_>M^@7Q,_9S_9__`&/O@QI'[-WPM^(_@?P;\2?VL_&-M\.;>+X\^$/$OQFO
MOCM=3>&=8\/6WAJXT+P/';WOAS1]!77;?5M/N[".QT?1+C3E:^:.&_NYY/*O
MVEH?@O\`\$ZO^">WQ(_9WN?C7;ZE\=?BEX?U#5)Y6COG\>?$O6-6N]"TGQ"]
MEH>D/<SZ%HW_``A.ER:1ITE]/%:F/3E1[MYVG);J\VB5KO3KZ_<-0M9MGSIX
MI_86_:1^*_@?QMXY\-_'WX1?MTZ+:R:MX-\5:;:OX@TCQ/J-UX=<1:[H'@_Q
MCK.M:M9>(=7M)Y)$2*YOX4$T;6Z723`QC\B/V:OVC?B3^Q[\;+?XD>`?M3:E
MX2U&;PSX@\&^(-0O]!TKXC>!M2BM+VW\*>+7E@<P:BD.HVS07#V\TUAJVEBX
M6-M\\,OZ*_LE?\%2_&_[(_[)L7PU/P9T3XF-9:CXWD^#GBFR^(FA:-9V^H^(
M-7U/Q#-HOQ4\,)%-JFEVUGK^IWUPEU;Q?Z=IL\$,8AF4SM^(>J:C/\1]`\9:
MEK^L?VSK>M&[US4O$&G.;9-<U^SO[&:^U/1[=9Y&LM-AU>%(;8"23Y;5,N^X
MLS7.^:,[-;+_`(%OD+31K1_\-_7F?TI>!O\`@L3\4-.\,ZAJO[57P<\+7'@;
MXJ^'/%>M?!/Q-\';73_$TVD:WH-W=:4/"OCOP7XK\7,;F.#58K1UO)9K"7:Z
M22V1MKE+B#]/OV9_VW?`7B[]G?\`91\9_'KQ?X'^%_Q1_:#\*:9%I'AF[O$T
M>R\2^)+>_P#^$:>_\-VL[N--T+5=52SETI;B4(W]O6EC#-/<,BO_`!=?#+3O
MAU\2=7T[P]\2/B%X5^&R7FCRW;:SXDL_$FI^'XM?MK:6*QT_4AX5AEO+73I[
MV.X07@@N8+9D5[B!T.*_1:T^(WQO_P""B/[5W[)WP7T[P9\+M+N?@F?`WA_X
MB>+_`(/W4E]X-UCX<_"SXF>%_B)>>+9["QLX;#P=X4$/@^SMM*LK:4J^H^(S
M!9>4CQV\$3A&]UI'^OZ81DWI?7^OZ_S/[+****Q-`HHHH`****`..^(/P^\%
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M@7QOX#T9]-L/C]\<O`GQ<OK[Q3?ZMH6H^%-2TGQ3X,U>1O#.I1";6UF:.[LK
MB::^L(K:S-Q;O.+BFES7M?[W9K;[R79M*U[?@?S,:HFBP>*-&?PO87NF6.F^
M%_"D.LZ:+X:OIT%_I'AC4-`\3ZS!K<>Y;JRN_$0O+RP$ACWVEW*8@VS97.6,
M6L2SZ'\2O#,G]FZGK6F:1J&J0Q)?).IM[<&WO;7["XGDNK=`T+"'=<@1*T!E
M,9A?]%?CO\/_`(&_"_Q1^V1X+\!>']$T_1I_B9\+YO@C/H6L3>)-%C^&_BFR
MU3Q5'KOA_P`07>HW4NJ6EWX5&C1F7[1+Y9:6V+J(V4?#NAF&WLXM*CD55L+6
MPDM;7RVB,(OK;?JMO`#"ADMK;Q+;>(+8.%VA;11N;[[=,=4O/7\C/57\ORN>
ME_##Q?\`!B#7]2G^/G@OQ=XW3Q;9QZ=*_A3XB6FA:W#JEY'/=0:E!X@OM#U"
MQ\>,;7=/!:3SPEA"//B3,D:_6WQ4^*7[6WP__9HE^`GQ#\,>*]6_9:U[4M-U
MOX1>-/C!X"_X2#Q;H/AJV_XF^E:;X&^(>BZI=62"322PB@C-]<V4$T]KI<L,
M(2&W^1/ASX,\"^,/&EIX=\::OXH\,6/BJVN]$A\0>#/"<_C/5$UK4FMET^#5
M?#&E7=O?>(M'N+FWMHYTLG>_1HX9;:.5X_+;ZE_95U&S\6^(_%7@?XD?"OXO
M_MH>#/@9I'C7Q!!X8TKQ3XW\)_#GP#X*\)^&_&%]XAO+WPC9I8WFC_$'4_%4
M7AA-)-T8WA2_U`G2&NHPX4M'[RO:W]+5*_\`7JUJ[1=C^JW_`()V^+?&OCG]
MB_X!^*/B#XETSQ;XEU7PA+,=<TS7;'Q(USX>76=4C\%Q:SK-A=3)>>*(O!:^
M'XM5\QS<IJ$5REV%NEF`^=OA7(9/AMX.+9+16FN63$Q^26.F^,?$NFLYA_Y9
M$O9L=HX&>.,5X9_P18T34O".D_&WPCX-\1W'C;X#6,?PZU;1/%://-X=?XQ:
M];>)-1^)N@^%;VXAC_M*#3M'F\#V%[+&K1F72()2YGN)P/HOP<DL7AFTAFB$
M#VVO_$:S,2JJ"/[%\5/'-IMVKP.82>#SG)YS6*5IR0Y:Q3.EH.%221BJ1PQO
M--*[*D4,,:EY)II'(6*)44EF8A5`))`%%?AS^WC\%OVG_P#@I)\9?B9^QS\)
M_CQ!^S-^SK\!_"OP]U#XU^);73-6UCQ1\8_B1\4M*OO%'ASP2MCH^J6,G_""
M:5X4M;.>[5[M(+F[U0K)%<^4BQ6_2Y,8\SLWRKJ^Q^GLG[8'[),/B>3P3+^U
M+^SQ%XNCG:UE\.2?&3P"FII=(Q5K9XFUW:MP&R-A;>#QC-?0FGW%MK%E#J6C
MW5IK&FW"J]OJ.D75OJFGSHPRK07UA+)%*I!&"KG.:_A!^,W_``;0?MR>!&N+
MGX3>(O@C\>]*0LT4.F:]-\.?$SIDX#Z)XVM5M'F(ZB/4GY/%;?[-G_!%_P#X
M*U?#W4%U#6?CA:?L+?#99[>R\2^.+O\`:1DT^VLK2^F2T$-EX7\">)#;ZEJ4
MS2+';PSW%HLDLJ*)@34<TKV<3;V5)KW:R^:/[DK37]!U#7M8\*Z?KFC7_BCP
M[%ID_B+PW8ZI97>O^'X=:6Y?1I-<TBWG:XTE;N.RNVMO/CC,ZVSM'N52:\9\
M>?M6_LM_"W6&\/?$K]I+X$^`_$"/Y<NA>*OBKX+TC6(),X,=UIMQK`FM)`>H
ME1".XK\@)_V-O'6EQZA_P35_8V^-'BSX0Z+IWAO1/B]_P4"_;8UDW/B;]H'X
ME>)_B2+^R\'^`-"U:34(Y8/%6K:/H>J7UTYO(XM&T&&QM()&-W,;GX;^//\`
MP:YZ(G@O7-=_9X_:=\5>*_BE;6]QJ%IX=^-7A?PY::)XROU5IGT^3QAX=D$^
MAZE<2`K'<W4%U#YC@W#(A:17>72)"A"_O3Y4]M/Q?8_J_P#"OBWPEX\T.V\4
M>!?%?AGQOX9O,?9/$7@_7]*\3:'<$C(6+5=%NYX&?!'R[]P[@5T3*R':ZLK8
M!PP*G!`(.".A!!'UK^$O_@D]_P`$Z/\`@J=IGQY\23^!/&7Q2_88\#>`_$=[
MX3^+GC;6K5A9:Y?V#&'5/#/A'X;:PLFF?$S6/+=7AU&2%]*M/-BN1?2'9"_]
MM_PH^&]C\)/A_P"'OA_I_BCQWXVBT&&Z-SXN^)GBK4/&GCGQ)J>I7MQJ>K:S
MX@\0:B=UQ=W&I7EU((84AM+5)%MK2"&VBCC5IW5[6%4A&#LIJ1Z(#@@^A!_*
MO)_^"6I\CQI^WAIPMC!%;?M-ZI<P.#(8YXKM=6B=E\QCAQ=65SO"@+N;Y>#Q
MZO7DW_!-);JT^.G_``4'TV::-X%^,?A#5[>&,J3`VM1^.Y7WA3\KM#;6I.><
M@Y`I2^%_UU%#<_.W_@LW^T/X=^&W[4GP4^(/P2^+6I6_Q_\`A/H>H^'M=T?3
MDM[;P[X'MX);[4K75G\3:E!/977B26W\9:A8:EH?V2Z%SIU^);J6S;3S%<?E
MU%^T9\;?`T]_\>O%5]X8\:>+OC#+J5ZWQ*^)OACP/\4/$.H+I]U'I%W%X?M]
M5AN+?PJ$DAL;2VMTT^U"06]O%91I;G#_`*WVW[#/[;$/QW^(=IX2\,:3H_B_
M5V^,=IXA^/?Q`M_"_BOX1?$CX<^*O'5W\4O"NF'3Y9YM6T_Q#J_B*#1](UNT
M@M$>#3M0U02M+;.&G_#_`.('P]\.>']6\>:9XF^&.OVGQ9\"?$/6K7XK^(;#
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MCTT=E?\`I=%_P";Z>GY_TC]"/^">>C>!/%/Q;^&ECKG[$/Q*^/'AZW\`?$GX
M/^*H+?X>^&O%/P^TKQ[XR^+5KXZT'Q!XI\:>*%BT6'0-*^'6I6,4^HQWL=["
M&B,%M<+)%$W]7/P6\(_LQ_#2?7_A_P#`#1?@MX/U"QECG\6^%/AA%X.T_6(+
MBVQ;1S^*--\/$71GCWB-7O%+)OV`C.*_"']GO]K'X&_`2Q_:[\/OI_Q&D^''
MQT^/OQ8FM]3^$%B]CH?P6^%::?K'@71/%>AZ_<2QVY\27EOX7\4:AIUAIH:[
M2Q\*PSV\<\J1VY_+'QK\*/`WPE\9^$?B/^R;^TEX[^*'B_P-K2ZM;?$ZU^#]
MW\-XM)T/5-,G30-9T?Q'/XIN;[Q2]YJ-QI,%VMSI5IIEXUTTR22HIM9L''GD
M[7L]M/S[%IV2_'\_Q/[J:*\>_9Z^(6J?%KX#?!?XHZY8+I>M?$3X6>`O&NL:
M?&CQQ6>J>)?#&F:OJ$$"2*K"V6[NYO*R`3'M.*]AK(L****`"BBB@#\-/^"W
MND_!V/X9_"?XC>(_B!#X<^-7PHU_Q!K7PR\"P+->7_Q1\->(M.@T/Q]X:GL[
M1#_94<5FEAJ%CJ][)!I]I?Z*EM<3+'>RD?A&M]<?$VUT3XD_"W0-(T2W\.QZ
M;_PF/PZ2U\1>&-(\>^*=&O-%U.*X\<^&DDB;3;O4]#L[ZVNKNUCG>(^)[ZZT
M]XH+YD;]1/\`@N9\!_&LGC'2?CS<0WFM?#77/ASX>^&4&K1PO/:?"GQSX<\7
MZIXDL&UU8;=OLWA/Q%8:U>6YNI#Y<>H:9'!,Z_:;:.7JOV3/V!_"G[87A7X<
M?&3QG\=='\5_"F'P_J%KK?@?X8>$[WX5_$'1_B0UDEOJO@WQ]XBL];GFO6T7
M4+Z=XYYHQ/>QVUA-"%TZX7S>B$E&";=T_P`_Z[_(S:;EINC\0?BNOC3]HSXD
MV^H>!_@AH_P$\,S:YX%TMO!O@S4(M3T/X:?#B;XGVB^)-<NKZ*X:=X9O%_C;
M47NKNYAL[6`^)8=.M(`D=M;CTO\`98\.^'M"_;;@\)>*=-D_X11_&'Q2\`6E
MKK0DN-/%A?\`@[Q1X)NA;WEU$(KV]M]8DLDO&C=C',;9Y/+>1,_UJV7[)7[&
MG[/WP'^)?@G5/"?A#P?\)?%_AZ73/BQXI\<>(YDOM<TJ;-K;R^)?B#XAU+[7
M`\-W=*VG[+J%;.[F22P2&X92?YY?'_[.OBGQY=2?!O\`8<\&W_[07PRT#XU2
M^/\`PQ^T)I'QLL/&M[X(GUKPI_9>O^!=:TC48-+/PMU[5-9N)+S7]0O'N(]=
M@\-Z1>P,\\4IB2FF[+2*T5_N_P""-IKK=_\`#?Y'YO>&O#WB/^R/$7CCPLU[
M$_PP3PCXBOM7L':*ZT5]2\0VFBZ1JT<Z-NA:+7;C2PKJ?EDF5@<*37ZE?L6_
MMQZ?H7[=VG?%#Q1)IOPR\#?M!>$=/\'?M!S-=6^G^"Y_B7HF@/'X<^)]]$0D
M6DI=>)=.5)KF78+%O'VH&XF:V)E3Y_\`BA\)_$7[`\7[2/[,OQ.O+/Q+XA^/
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M_`W6-)_:7A_:#\!^,;70+#QKX)LO`'Q[\`:GI,NHZ?\`$*R\'IJUU\+?&7AV
M_M[N-O#7CS1KS6-1L9YI$GMM1T746MI8EN+2TE'T93E4NRH,99@HR<#+$`9/
M89-:F5VK^9B>(]9C\.>'/$/B*6W>[B\/:!K6O26D3K')=QZ-IEUJ3VL<CC$;
MR+:E`Q!"E\D8%?Q8_P#!.[]KGXN?\%1O^"LOPVUK]J75SXE^'7@G1/B=\3/A
MC\"HBZ_"3P+K/A?1&D\'31^$G8V^OZS837D-R=1U!+B[FO;*.?>BJD2^F_MM
M?\'(/Q7\-_&'XQ_!;]G_`.#WPBG^&?AC6?&/PQ7QA\19O$^L^*/%PT^2_P#"
M^M^(;2PT?6;&UT73I;M+TV,16XD,*1232%G:-?A#_@W5_P"4F7A#_LCGQE_]
M,-GQ]*S<KN*3ZG5"DX4ZDI*S:T/[(/V8&,G[4'_!2*XE(+0_'+X,1RW,C!1%
M96?[,7PRDC$LSG$5K%Y]PPW$*GFN<C)-?2^E_'3X&ZWXE/@S1?C;\'=8\8B4
MV_\`PBFE?%#P/J/B1K@':;=-%M-=>XDN-W'EK&7SQMS7X[>+OV&F_;=_:6_X
M*'^#O&_[2OQV^%GP9M/B_P#!^UU?X5_!/4-"\(Q>-_$\W[.'PTF_X2#QSXJN
MM.N;S6])@TYK6"WT8+'8[TEN)O-D=1'_`#B?\%)/^")_Q3_8B^(WPGF^`6I>
M*?CYX&^-7C#_`(0KX:2Z5X>2S^+&B_$J.VDU2Q\'ZI8^'OW=[>7&FVMY=6.I
M6GD(Z:7=>?%;-!O>FVM;:>I$80F[2GRRLK:?W4?Z#;^>Q*R>:S0KL*OO)B53
MC:0WW%!.,<8)J*OQK_X)V?LG_P#!0?PUX#^">K_MW?M5^,;J3X1QSWO@CX"^
M!]3L6O+M;RTGM-.M_P!I/XI01RW/Q5DTW3;N6WL]'BE-G;81KR]OKB%#'^RE
M4G?I8QDDG9/F\T%>/?\`!.@QQ_M4_P#!1&%))"7\7?!J8QR%<`FP^)!9XU`!
M$9:0@$YR$Z\5[#7A7_!.<BY_:_\`^"A=[%*MQ"FN_";3'EC),<,]@/B`)+1\
MH,7*.\H<#<!P,YX"E\,OZZHJ&YTG[6O_``4EL/V9OCQ\3?@KX]\+>+=.TN3]
MGK3?$_P7U#PWH#ZK>_$7XC^(;GQ59ZEOU9[N-/#^B:6^F^'[5)!#,BW%[?SW
MLL*Q6$5Q_+OX5/Q-^..B>!?V:_#1TN67PQ>>+M>;3M.@:W76_&A\-3:]K6M^
M*KR')U#5H?#VC16EIOXL[<[0D;7,[/\`W9_$;X0?"KXO6%GI?Q3^'/@KXAV&
MFS/<Z;;^,?#6D^(!IEQ+Y8FGTU]3M)&T^9UBC61H60NJ!7)7BOXV]<\=Z#^S
M/_P4*_:%UK3_``M;:-I'A_XH_&^VTCP=X=TBP\/Z19Z#K'A;7?A5H$&@V%I!
M#;P:?;S:59B:1%SB-YB&:5-ZI6NTE[UG_7]?\-4UU;T///V./C=\`_ACHO[4
M_A_X_P`&I_\`"/\`Q7_9TU;PKH7]CVDEUJD?BW2=9M-;T32H#%`_]F7,VHVM
MI/#=2KY$<NB@.>5!XGPC\#OC)J?ACQ+^R#I7P-\1ZS\?]5^)OPS^/]CX2T.#
M3;;Q1X9^&FG?#_Q!XMGBU/Q`]ZUMX<BO=)\7:3=V5M=M&#JFI_V9*#=%8*^W
M_P!E[_@C1XL_:F_9RB_:`B^*8^%?C7QGJ\4WPGTG4]#77?"^I?#W1+N[M)=>
M\56]O+#>6FJ:EKT4MWI<D$DD<%AI]N\UM<C47%O^RG[+O[6W[.?PY^)'B7X$
M?%3]HSX7>./VH/$'B=[+X@^,/`WP)B^"WP\UKQUI4]AX7U'P^GB&PLKB'6_$
MX\0&6*YN=5UF9[F^E>"RCLXDBL4'*S:2O;?\%<26BN_3^NY_-=X:UKQ_IOPU
M'PPU[XZZK??`71_$VJ^)KOX3:AI2>#_#N@^++B+4])UFW\>0:HWVRTU"VN;_
M`%`W&@F06J:FIGDM5G3GT'Q/\4OCGX6\6_#+P9\2?AIX;U+X/SZUH\WAWX8:
M!J>H>!;WXE:;JEK)_9#ZMXCTK1(Y-/U/65EB$.IM!JLQ\Z2TAN]/9_-C_KS^
M('[(G[,GQ1UW7_%?CGX&_#77/&'B;P]K'AC6?&$WA/2(O%5YI>N:=<:5?.^O
M6]JMS_:8L;F5(+W?]KML@V\T948_FR\8_LA>*_C1^VAXE^"7[,&I?$+Q-HW[
M/LEMX7\1>/\`XR>*CJGA7P#JGVZ\E;6YH-*TZT19;349M2ATC2[*-K[49M*O
M+Z9X(9YI;>XSC)-6Y7NW_6H.+]?Z1_2A^RG\>?A[^TC\#?!WQ.^&.C:CX8\,
M3KJ7A8^$-7L+;3-2\&ZOX*U&Y\+ZQX5N;*RD>"-+*]TR2*!H6,4EL(94"*^Q
M?HJO#/V;?@%X0_9D^#/@SX,^"YKR_P!+\*VEU)?Z[J8B&K>)_$>L7USK'B7Q
M/JODC:M]?:U>WLYC4E(4E2",^7$E>YUS>AIZA1110`4444`<[XNT>/Q!X5\1
MZ')HWA_Q$NK:'JFGC0?%D/VCPOK,EU9310Z;XBA^QW'F:+-*R1W(%O.?)=RL
M4APA_.O_`()Q_L.>,OV/X?C=KWCO6O!,6M_&/Q;8:I8_#OX5W7B>^^&OP\\-
M:#<^(I]!T?1=2\76MM?:S>QVOB-K+[3/:PNMAH.GPDR-&S#]-J*+[^8'XC_\
M%M-!U+Q;\,?@KX3N[W4=-\#Z]XT\0)JFH1A&T2+QSI=KH.M>`8-823Y6GEL]
M.\9K:G*NC"62!TN4@=?EC]G;XW7_`.RSX/UOQE\!?@M\`_"NC>,-5\.+\0X-
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M7BK4],\K6]3TKQA\4=2T?6K/X3Z/;V"E?$GQ!L%AMX?L]N72.Z\0?O\`RA!*
MC?OK_P`$\?V1$_9)^",6C:W:VD'Q(\;R:;K?CF*SN5OK708=-T]=/\,>!K"_
M3Y;ZTTG36F\Z=<I=:IJNIWD;&.Y3'Y3_`/!*_P#X9P'CCXH?&_X@^(/!>@ZE
M\-/"FCZM\+[#7=3T^TT_3?#.N:1J>J^-?B9H$6H,K:KJILTM+&2ZA5I;.*>X
MV!(M6B#_`-%WA'Q5H7CKPIX8\;>%[W^TO#7C'P]HOBKP[J/D7%K]OT+Q#IMM
MJ^DWOV6\BCEMO-T^\MW\N5$D3S-KHK`@*H^7]VMH_P!?<-=^YT-?F:UO)I7Q
M"^.7AN5B6T7XQZUJ5N"A7&G^/?"O@WXB0NKG_6(=3\4:T@(Z-;.G5#7Z95\+
M_'#1TT#XVP:FD0CM_BC\.XD\Q$;;+XF^$VK7+R1RR9VB[N?"7C^:11]YX/!D
MA^["<1!V?J$OA9P]*"001U'0^A]?K245L8GP7\._V%?V:/V7_P!G;XC>!?`O
MPT\*>(+FYT'XK^+M?\=^.O"?A3Q)X_\`%7B3Q':>(==NM4USQ!<Z+O=X)+M+
M>SCA$45M;V42QH'#NW\>'_!N?;7$_P#P4M\+S0P2RQ6?P5^,5Q=R1HS);0/H
M^F6J2SL!B.,W-Q;Q@G`+S*HY(K^U[]M;Q-XP\)?LO?%O4O`OCOX+?"_Q'J'A
MRX\,VOQ#_:!\37'A7X9>#['Q*IT;7O$>HWUK#)+J.L6.A7FH7>GZ?&C-?7=K
M%`1M<Y_E:_8W_;H_X))?\$C='\3VGPM\0?%[]M/]H7Q?86VC>/\`XS>$O!6G
M^!/!+:983K=IX2^'EQX\U2VEL?"1U&-)I9Q;7%QJ,EO#+-*$BAACF2UCK9(Z
M:;DZ=5).4I_UJ?TO_LN?\G/_`/!2#_LOOP<_]9A^%E6_VQ#M^('[`SCAE_;>
M\);6'#+O^"_QN1MI[91F!]0Q'>OYQ_@Y_P`'&/P5^'7Q=_:=^(VJ?LP?%G4=
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M%)P&95)/09(&3^=?/_\`P2'5_%&I_MI?%](&73_'_P"T#>Z?IETRE1=V>@7_
M`(JUFUE3+'Y#IGC/2V'0E75ONE:Z;X[^/A\+O@Q\4/'ZLBW?AGP5KMWI*R.(
MUG\07-H^F^&[7<?XIO$%[IL0'4F8`<UZY_P2D^%LWPN_8F^%Z7JL-3\>R:O\
M1KV612LMU;:_<1V7AJ\D+*"SS>#=(\-RDD9S+U/6IF[1:[FD%NS]'*_FL_X+
M&_L0S1^*KO\`:G\&V-U9:#K5O:GX@:_IUE)J5MX"\70V]GH;>(/%&E6C+*WP
MXU_1K71K?5+F%6&E:IH$&IS,@OIY4_I3KY@_:$_::^#/P'UWX:^"?C@YTCPC
M\;D\=>'E\6:YI+7WPYTZX\/:-I]Y/X;\<7SV\L&GKJ^G:I>16:72BWNO[.N8
M78':KYQDXM-%M7/Y_/#?[=OQ/T_]D_X$?LVZ1'K'P7USX8:%:>%/%?Q!\&>*
M=.!\?^&?">D3:5X'MO`>J6>R_P##OVY&T>[U>:XBLKF&;3WLX//ANWD'SC^T
M#X7U7Q1I6@KJGCOP#\;_`(P>-EU+PCX)TOPSI^C7_P`2M3\3>/QIEJXU[Q;X
M?^'VDW7BW77O=/TR$W6IWVIW<*VTDA>.(W%P>M3QK\.?A_\`$WXZ^&?"WP9U
M7XU_L;R>)=5C@L[G1=>NHO!OA?5+ORO!UWX>\4VVGW-U\/\`47N%\1CP_<WP
MCBO-&T:*+4(W8+CZV_X)3_$/]G;P-^TUJGP7\)>$O#VM1_$?0?&_C'X'_%W7
M;"*^^*FCQZ!>6]QXJ^%FOZW=7EX]K;2:1J5Y>6D=K/&D9T/4K4^=:-816V_N
MPBW&%^OWV^>G]>4*[:3?^3/Z(?`6FZYHW@7P7H_B>\74/$NE>$_#FF^(;]':
M5+[7+'1[.UU:\25^9%EOXKAPQY(?)Y->2^!?V:O`WPT^-GQ3^-_@?5O%F@ZE
M\:H]*N_B5X'AU'3KCX?>(/%>BVXLK'QW%I-WI#WFC^*CIYD@N7L[^"TO!)YU
MS9R7(\\_0U%<QH%%%%`!1110`4444`%%%%`'RO\`MP>&?%GC']D3]HGPWX'2
MZF\3ZG\*O%26%E8J\EYJT%O8/>:IH5I'%\TMQ?Z1;W]DB*"7:_"@'.#_`"^_
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M08BMX[>*-$4<*J`#@5YA\#_@;\-?V=OAYI/PP^%.@+H/A?2Y;J\?S;B:_P!6
MUG5[^02ZEKVOZM=,9M7UJXE"F6>5B0D<<,2QP111)ZY4-MV5VTMK@EY6N%>$
M?M$>"K_Q7X"BUGP_9-J'C#X;:W9_$3PI81L5DU>ZT:UO['Q!X87"G<=9\%:M
MXGTA<C:DNM1S?>B4CW>BD,_-N"ZL;ZWM=0TJ\BU'2M2M+34M*U"`AH;_`$O4
M;>*]TZ^B(_@ELYX)`.H\S!P017/^,O%WA_X?^#_%GCWQ9>C3?"W@CPUKWB[Q
M)J##(LM"\-Z7=:SJUT%/WF2QLIV`_B(`[UUWBSPD/A;X^U#P*"R>&?%,VO>-
M_A<[`"*WL[F\.J>._A_"4C58WTC6M1FU/3X>IT?Q&UO`##HD[+X5^TG\,+_X
MV_L[_'7X.Z3=Q6&K?%'X1?$/P%I%[._EV]MJWBCPMJ>DZ7+<R#[EL+^YMQ*>
MT98UNG=)F+5I6Z'Y8_#W]A*'_@HS)X8_:\_X**R>)O&/ASQA;0^+_P!GG]C*
MV\0ZMX>^$'P5^&.M(E_X-N_'MCHES!/X[^*^IZ#+8WVKSS2QPVTE_P#8T5TB
M"1_H7H'[!W[$/A;2TT70/V0?V;M/TQ(EA%L?@_X*OF:-5VXENM3TF>>9B.K/
M(S'/)JQ^QG\;=`^.7P"\%ZA80'0O''P]T71_AA\9_AM?;;;Q1\)OBMX(TNT\
M/^+?!?BC2&Q+IK1ZC82S6$SH(;_3[JVO+5Y(95:OJ:A)+U"4I7:O9(_,SXR_
M\$<O^":_QOL+NWU_]E?P+X*U6Z1Q'XI^$#7_`,+O$-G*P.)X&\,W$=G.X8@[
M;BRFC.,,A&17\YW[9/\`P;5?'/P#J`\1?L5^,;?X[^$;V]6)_A]X_P!1T#P3
M\2_#44S'9+'K]U-;Z/XNTR/Y0\@-A=J/F-M-RP_MFV.5+A&*`A2^T[0QS@%L
M8!.#^5-I.*?0J%:I#:5UV>J/Y]?^"87_``0^\.?LM^&M,\9?M4>)I?BY\2+K
M5])\:VOP5L]<U.\_9\^'/BW2U:31M>O?"[3K8_$OXC6#3/Y6JWEJ;2RE&ZQ@
MD=4NZ_H*)))).2>23U)]316!XK\4^'_`_ACQ!XR\6:G!HWAGPMI%[KFNZI<D
M^59:;I\+3W$NT<S3$*$BC4%Y99$BC#.Z@M)+1$RE*;;;NV?"G[;']J_&7Q?\
M!/V,O!>H/!XG^-7CO2/$7BPVVYYM)\`^&;V207]R$1O+B2\M]4U=0VWS(_AY
M.H.64'^A+P]H.E>%=`T/PQH5JECHGAS1],T'1[*/_5V>E:/90:?I]JG^Q':6
M\*#V2OQS_P""9_POUGXN_$7XG?M]?$71I-.O?'LE[X$^"6CWH$KZ'\/](G73
MKO4X'*E2QCL8=-26)@K746OSQEH-10G]I*SJ/6W;\S2*LO4*\S^+7P;^&'QV
M\&W/P_\`BYX,TCQSX1NKRSU(Z3JZ7"_9M3T]G>QU73+^QGBNM(U6$R2B.YM9
MH9T6>1%D"2.K>F45!1_/C^T_^U:/V'M1^-O[*W[.GPOM/A#XHU;7OA=JWPT\
M4Z9X9T*'PG%X(\6^%K1_'7Q$U?7[N.6YU/Q2GBNVU/2H[G5%OHXDMEECD4V4
ML5?)O[%?P=U7XI_\%*?!GQ"\,_$[5/C+_P`*^4?$GXT?&"?1;RQM;O6[7P+J
M?A6/1K.>2&$1Z?J'B/6_(L//@M)]0M-(O]1%H$'F'^CKX\?LI?L__M,0:1'\
M:?AQIOB^[\/I=0Z%K<6H:WX<\2Z1;WK1R7EG8>)O"^IV5_#I\LD,326WV@V[
MO&':(L`:[;X1_!3X3_`7PC;>!/@[X!\.?#[PK;/YYTSP]8K;M?7918WU'6=0
ME9[K7=6=$027=[/<7,@10\K`#&BFE%I+WGU_K4EIMK6R70]0HHHK,H****`"
MBBB@`HHHH`****`"BBB@`HHHH`****`/-OBM\-=,^*GA&?PY>7EQHVJ6EW;Z
MYX3\46,,,VI^$?%FG),-(\0Z='<#9.\?GSPW%O)^YO;*]NK&X#6]U*K?"%C?
MW\>JZSX2\3V$&@^/?"AMHO%/AZ&626V$5V95TWQ1X<GG4/JG@G4Q!-)I]T1O
M1HI]/O!%J%G=1+^G%>'_`!I^">F_%>PL=1TW4V\(?$CPS'<MX+\>6EG'>S::
M;DQ27FAZ]IKR1KXD\&7S00K?Z=+(@?RTN;6:UOX+:[AN,K:/9DRCS(_*GXM?
ML?\`PI^*GC8?%K3-2^('P5^.*Z?;Z4_QN^`_B^X^'GC[5]*LQBRTGQJD5M<:
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MH$:6>YN;B5@EO;I&K,[N0B*I9B`":"6V]R15+$*H)).`!U)K\\/$^E>)O^"A
MGQTL_P!F[X:W]W9?LY?##6]-U[]H/XE:5(1;>(KS3[HS67A70-2C)2=Q=V\T
M.G[=XEOK>?6-K6FCVQO*>O\`Q#^+/[=/C_5?V</V2VETCX86HCL_C/\`M$3P
MWL.EP:'>%XKK3/"L\;1.VGW,"SI$8I$OM<`9+0V6D"XU1_W)_9W_`&>_AQ^S
M'\+]"^%7PRTO[%H^E(+C4M4N5A?6O%&NS10QZAXCU^[AB076IS^3$H"JL-O!
M!#:6T<-K!#$DRER[?%^7]=/ZOI"/4]4\,>&=`\%^'-!\(>%=)L]"\,^&-(T_
M0=`T;3X_)LM+TC2K6*RT^QM8\G;#%:PQH,DL=N6))).[116)H%%%%`!1110`
M4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110!Y[\3/A7X$^+W
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M;16??_(E02:=]CSCX3_"/X=?`[P/I'PY^%GA;3O"/A'1ED:VTVP61Y+F[N"'
MO-4U6_N9'N-7UBXD`>XN[F26>9@-\A`4#T>BBLRPHHHH`****`"BBB@`HHHH
M`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`
:HHHH`****`"BBB@`HHHH`****`"BBB@#_]D_
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>7
<FILENAME>thomasdinsmore-sig.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 thomasdinsmore-sig.jpg
M_]C_X``02D9)1@`!`0$`8`!@``#_VP!#``$!`0$!`0$!`0$!`0$!`0$!`0$!
M`0$!`0$!`0$!`0$!`0$!`0("`0$"`0$!`@("`@("`@("`0("`@("`@("`@+_
MVP!#`0$!`0$!`0$!`0$"`0$!`@("`@("`@("`@("`@("`@("`@("`@("`@("
M`@("`@("`@("`@("`@("`@("`@("`@+_P``1"`!``.(#`2(``A$!`Q$!_\0`
M'P```04!`0$!`0$```````````$"`P0%!@<("0H+_\0`M1```@$#`P($`P4%
M!`0```%]`0(#``01!1(A,4$&$U%A!R)Q%#*!D:$((T*QP152T?`D,V)R@@D*
M%A<8&1HE)B<H*2HT-38W.#DZ0T1%1D=(24I35%565UA96F-D969G:&EJ<W1U
M=G=X>7J#A(6&AXB)BI*3E)66EYB9FJ*CI*6FIZBIJK*SM+6VM[BYNL+#Q,7&
MQ\C)RM+3U-76U]C9VN'BX^3EYN?HZ>KQ\O/T]?;W^/GZ_\0`'P$``P$!`0$!
M`0$!`0````````$"`P0%!@<("0H+_\0`M1$``@$"!`0#!`<%!`0``0)W``$"
M`Q$$!2$Q!A)!40=A<1,B,H$(%$*1H;'!"2,S4O`58G+1"A8D-.$E\1<8&1HF
M)R@I*C4V-S@Y.D-$149'2$E*4U155E=865IC9&5F9VAI:G-T=79W>'EZ@H.$
MA8:'B(F*DI.4E9:7F)F:HJ.DI::GJ*FJLK.TM;:WN+FZPL/$Q<;'R,G*TM/4
MU=;7V-G:XN/DY>;GZ.GJ\O/T]?;W^/GZ_]H`#`,!``(1`Q$`/P#^_BBBB@`H
MHHH`****`"BO&O'?[0WP1^&E[)I/C+XF^%-,\0QF,#PC::@->\<7#2D"-;+P
M-X>2ZU>_=BPPL%E(3GI7@'Q(_;9M/!>E:9J>E?!KXC7$?B#5/[%\)M\1$L_A
M-<^-=5:-98M)\$^!]=%UXU\7:M)&<I!I_A&X(7$LSPPYE`!]R45X=^SSXU^-
M/Q#^&]EXN^._P>TKX$^,M6U"_FL_AQ8>/HOB-J&D>&MZ#1)_$^N6GA[3K:R\
M2W$&^6YL+9;J*RWI"UY+,)53W&@`HHHH`***QY_$&AVNN:=X9N-6T^'Q#J^G
MZEJNF:))=1+J=]IFC2V$&JZA;66[S)+*WGU734EE"[$>_A1F#2*"`;%%9&L>
M(-!\.Q6<VOZWI.APZCJ-IH^GRZOJ-GIL=_JU^Y2QTNR:\F07>I3NK+#!'NED
M*D(C$5H7-S;65O/=WEQ!:6EM%)/<W-S+'!;V\$2EY9IYI6"Q1*BL69B``"20
M*`)Z*\LUGXX_!KP\\D.L?%/P!97,4;326;^+-$EOUB6.&9G^P07CS%?*N;=^
M$^[,K#A@:Q?^&C?@Q]FMKU?&T,ME=F46][#HOB2>S<0Q)/*QNH=&:..,0R(V
MYF"D-P30![;17,>&/&OA#QK:S7GA'Q-H7B2WMFB2[?1=3L]0:QEF0R107\5M
M*SV-PR`D1S*CX!^7BNGH`****`"BBB@`HHHH`****`"BBB@`HHHH`*X/XB?%
M+X<?"/P^_BKXG^.?"W@+P\LHMTU7Q5K5AHUO=7C(SQ:?I_VV96U+4Y`C>5:V
MZRW$I&V*-V(%=?J=K/?:;J%E:ZA=:1=7EE=VMMJMBEG+>Z9/<020PZA9QZA;
M3V\EU#(ZR1K/#-"7B`EBD3<A^</AQ^R3\(_`/BN#XEZQ#XA^+WQD@@-M'\9O
MC3K/_"??$&Q@9F:2U\+SW5K#IOP\TYF=]UGX:T[1[-MYW0,3F@#S6_\`VAOC
M[\8HKFP_92^!LUAH\ZK':?'K]IVU\0?#/X<&*:-)8]6\(_"N*V7QI\18?)<-
M$MS:>%M.N3CR]9\L[ZS_`!-\(+/P;X$UCQ_^VM^U]XS\3>%='A.H^+&3Q!IO
M[-/P3TY'BMK=+"'1OA]>VFK7FG-=QJ+>SUCQ-K4MS/<B+]^[I'75?%3]K-K?
MQIK/P-_9K\%/^T)^T'I/V>W\2Z+I^I_V)\*O@O)J$:R66I_'KXHBUGMO"!%J
M[7,6@6,6H^*=0AA_T32%@E%VGS?HGA[X?Q?$JP\5?'#Q;XD_;S_:R\*O'JVA
M^`OAOX6CN_@Q\!-6FN!:LG@#P?=ZG_PBOPNU*WN7@A/B#QAKEQXPFA@$T5[%
M"SVB`'6?#&/QK\0[&:R_8U^#?A?]D3X+7\J+=?'WQ]\*+/2?B;\1;$'SDUGX
M6?!C4;6TN6L[B,AH/$?CPQF478N8/#6J0,L[>I:E'^R3^P]INN_%;XL?$6RL
MO&=[I$UWXI^+WQB\4W/C?XP^)]+MBS306$DD<M[;Z"LD8$>C^'=/L](A=%6W
MTZ)L`_.?[3'[3OQ9\%ZUX+^'?B[4=9\+?$_XG6&IZGX!_9D_9HM[CQC\5?$.
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M`(3?6-9MX-*EAU.^T7POX<\0VNE^$=5N-9%O/"DFJZ]:VL!D@9+E]LHX3XH?
ML_?'_P`:SZ%+X2_;$\=^`H[31I--UZTMOA_X'N[75-1:6*1/$>G'1XM+GTW4
M%C2>+[/-<7EF5N0_DB2(%P/P/L.J.IZIIFB:=?:QK.HV.D:3IEK-?:EJFIW=
MO8:=I]E;1M+<7E]>W4B16EK'$K,\DC*B*I+$`9KDOAAX+O\`X=_#[PEX(U3Q
MSXQ^)FI>&=&M=+O_`!]\0+S3[_QGXLNX0S7&L^(;O2M.M+:2_EE=B1#;1(J!
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M\$L/#6D_#CQ-XT\(Z?X-TS]J8:5!;_#:1;KQ=>?!SX5^#;&XT2=_V=?`'AR_
MUE!I?PLU/2M!@L-7NY(!/J5]=G6+BS2*WL])M/JG]G/]DGPMX'\8O\>_''PS
M^%_A+XOW6DWWA_P9X4^'VA:,OAGX%^!M5DCFU#PKX>UZVT>UF\5^-]3:&V?Q
M/XFFBBEU)[:'3[*&TTBTBBG`T./^"EQK'B;Q)_PMWQ;X!\?_`!D^,&O2F33]
M>N_#MUX+^#/P4\/W21O%X.^$5U\3X]*N+^PAMI3'J'B33=)N]2\27<4LTTL&
MGBRT^R_0>\LK/4[*YT_4[.UOK&^MY;6^L+V"*[L[JVGC,=Q:W-O.A2YMWC9E
M9'4JRL000<5D^)_%GAKP5I$^O^+-<TWP]HULR1RZCJMU':6PEESY4"/(1YMP
MY5@D:!G<C"J37CMO\?[;Q/9BZ^%OPR^*?Q)BF#BTU*/PNWP^\.3LF"91KOQ4
MN-$%W9=<364-ZKE?W8DXH`U?B;\1O"?P5TG1;72?"XUWQQXRO_\`A&_AG\-/
M"5G9V>O>./$,-F)!96S1P"+1/#EC81+<:MJ]V$T_1]/MVN+E^((9N5T_QJOP
M.\+V]S\<_B*_BSXJ?$+5;K5K3P7X:@GU.YO=:FMH5B^'GP4\"6<`U#5/#^G6
MT$,(N98GGG83ZOJ]Q:K/(MMRTGPU^/?Q%\4#QSKVJ^"?@#J<VAP>%FN?`4]Y
M\6/B3!X1.I/JNH:%I_B;QMIMIX<\&W5W>"VDNY[+PUJ4\K6%H'O9A9VIB[O0
M/V9?AOX5TK58?#USXPT[Q?XA.G_\)-\7)/%6HZM\8_$:6%U;W;6VI_$77?M5
M^NFS/;[7L[9[>SACF>.SM[52H4`J_"OP#XIO?'WBKXZ_$?0M&\&>._%OAJP\
M#Z+X/T&_BU63P]X`T;5]0UK2CXSUFWC2#Q)X[FO]4EDNF@\W3]-CCCL-.GN5
M-W?WWLOA+1_$VBV-Q;>)_&$OC.[>[EFM]2GT+2]!G@MI"2EF\&CA89T0;0K^
M6KG!WEB1CR:__9:^"&IZY8>)[SPMJ[^)M/TO5]%'B*#Q]\1+#7-0TO7KO2;[
M5[/7-4T_Q7%-XAAFO-#TF0B^>X\MK)?*\M2P8_X9@^$DJ6T.I0_$+7[.RC\B
MRTSQ)\9_C%XATFVM!&L2V8TG5_'<UO<VPC4`">*4XR"QS0!]`>9'Y@B\Q/-*
M>8(]R^84!VEPF<[-W&<8S7'ZW\1_AYX9F>W\1^//!GA^>,%I(-;\4:'I4T:C
MJ7BO[Z-D`P>HKR]OV3OV99)#/-\!OA5<W+%2UY=^"M#O+Y]@8+YE]=6;S28#
M-]YSUKO]&^$/PG\.2_:-`^&7P^T6Y*QJ;G2O!OAVPNG$2"./S+FVTY7D*H``
M68D`8H`XNY_:@_9]MY7@C^+/@_4IHV9&BT#4&\2.'1MC*%\/Q7.Y@W&!DYJU
M;_M#?#.]9ETR3QYK!6))RVC?"#XN:K%Y4APK"XL?`[QL<_PARP[BO:XXXXD6
M.)$CC485(U5$4>BJH``I]`'G-C\4/#^H>;]GT?X@J(;>2Y<W?PO^(FG@I$,M
M'&-0\,Q&6X(^[$H+MC"J37;6&IP:BK-!#?PA51B+[3-0TYL.,J`M];1EFP.0
M,E>C`&M"B@`HHHH`****`"BBOD/XC?M2D^-=4^"?[.?A)/CM\<]+:*W\465K
MJCZ-\*/@R;OB#4?C?\2X;*ZA\.7(3S)HO#VG0ZCXGOD@)ATN&V<WT0!]!_$C
MXF_#WX/>#=9^(7Q1\8^'_`?@KP_`)]6\1^)M2M],TVV\QA';6T<D[@WFHSSL
MD-K:PK)<W4\L<%M%+-(D;?%4FJ?M%?MF)]G\,_\`">?LD?LP7R@S^,+^RD\,
M?M5?&?36;8\/@_1+Y6D_9U\#747F$:IJ,+^,KN!T:RT[PVS)?/Z5X!_9/AN/
M&NC_`!H_:1\8S_M`?&G191?^%'U33SI'P>^#=]*O[U?@E\*&N[BU\.ZBJ".(
M^(=3FU7Q1<)!@ZM!!(;1?L2@#Y[\.?LN?!?P5\.-`^$'@/PS<>`_AAH=U?WM
MUX-\'ZUJVA67BZYU6-UU:X\>ZI:W8U+QI=7LTLLVHSZA>S3ZG/(TFI2W98Y]
MD\+^$_"_@G1+/PWX-\.:'X4\/:<A2PT/P[I5CHVDVBL<O]GT_3H(XHBS9+$*
M"Q)+$DDUT%%`";5W%L#<0%+8&XJ"2`3W`+-CZGUI:**`"BBB@`HHHH`****`
M`@'&0#@Y&>Q]1Z'DT444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`'G
MOQ2^'L?Q4\$:QX$N?%WCCP3I^OK!:ZMK7PYU_P#X17Q;)I(GCDU#2=.\30VD
MEUH$=Y;+);37>GO:ZC%#<.UC>VEQLG27X9_"[X=_!KP7HWP[^%G@[0O`O@O0
M(3%IGA_P_9)9VD;R'?<WMTXS+J6JW$VZ6[O;F2:[NYY'GNII9G>1N]HH`***
M*`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH
+`****`"BBB@#_]D_
`
end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
