HomeMy WebLinkAbout1994-01-27 - Agendas - Final•
•
•
AGENDA
FIREMEN'S PENSION AND RELIEF BOARD
January 27, 1994
10:00 a.m.
City Hall Room 326
1. Approval of the minutes of the January 27, 1994 meeting
2 Approval of Pension List for March, 1994
3 Old Business
4 New Business
1. Investment Report
a. New Mexico Capital Management
5. Adjournment
FAYETTE`'I LLE
ItOF FAYETTEVILLE, ARKANSAS
SHERRY L. THOMAS. CITY CLERK
January 26, 1994
To Whom it May Concern:
Mr. Joey Pierce, social security number
member of the Fayetteville Firemen's Pension and
since June 7, 1982. His contributions to the fund
1987 through January 16, 1994 are $8,454.85.
Sincerely,
, has been
Relief Fund
from June 1,
a
• Sherry L. Thomas
City Clerk
•
113 WEST MOUNTAIN 72701 501,373-13323
•
•
•
FIREMEN'S PENSION & RELIEF FUND
REQUEST TO CHANGE BENEFICIARY
I,
d.26.2)> /'/Pli/ , do solemnly swear
that I am a current employee of the Fire Department of the City of
Fayetteville, Arkansas, and am presently contributing to the
Fayetteville Firemen's Pension & Relief Fund.
Social Security #:
Date of Birth: 7-12-5y
Listed below are my beneficiaries. This list supersedes
beneficiary designation.
NAME/SOCIAL SECURITY #
Clair
cr
a
re g�
BIRTHDATE
8 3-�
//-as- ¥ L
SUBSCRIB5D AN p SWORN TO before a Notary Public, this
of �' , 1994.
My Commission Expires:
any prior
RELATIONSHIP
24,/
Mo syt
114-/-911
Date
day
NN tary Public
CITY OF FAYECTEEVILLE
FJREMENS RELIEF AND PENSION FUND
DEAN WITTER
MCILROY BANK
LLAMA COMPANY
WORTHEN
MATURITY COST
DATE
11-15-98 $244,753.38
2-15-99 $244,124.15
12-31-98 $244,954.03
1-31-99 $244,698.75
$244,846.88
1-31-99 $244,966.63
2-15-95 iSvo°
2-15-97 b' S`, 66')
2-15-99 ` $244,362.20
FIRST SPRINGFIELD 1-31-99
MERRILL LYNCH
A G EDWARDS
A G EDWARDS
A G EDWARDS
•
•
MATURITY
VALUE
$314,000.00
$315,000.00
$243,000.00
$245,000.00
$245,000.00
$245,000.00
$285,000.00
COMPUTED
YIELD
5.8909
5.7436
5.1000
5.0119
4.9913
4.9844
YIELD
5.2700
5.1100
5.0260
5.0290
5.0140
5.0000
3.2800
4.3500
5.0100
FEB -14-'00 TUE 18:39 ID:
01/25?94 10:40 1,1 501 575 5257
•
•
TEL NO:
C1tr 01 Faye
BID FORM
1/21/94
CITY OF FAYETTEVILLE, ARKANSAS
FIREMENS RELIEF AND PENSION FUND
Taxpayer Number 71-0584406
113 West Mountain Fayetteville, Arkansas 72701
501-575-8281 Fax 501-575-8257
Investment Amount: 6245,000.00
#321 P01
(1)002
Type of Investment: Sonde, Notes, or Treasury Certificates issued by the
United States or its Agencies and backed by the full
faith and credit of the United States Government.
Requested Maturity Date: Approximately 5 years from the date of purchase.
BIDS DUE: 1/27/94 9:00 A.M. FAX BIDS TO: 501-575-8257 ATTN: EMMA BADGLEY
TRADE DATES 1/27/94 SETTLEMENT DATE: 1/27/94
Security Description: 4911% cemArri 71C / P.fl 1ec cL lP r
Maturity Date:
.aye Bid:
Maturity Value:
Interest Rate:
Discount/Premium:
Book Value:
Accrued Interest:
Yield:
Handling Fee:
Total Cost:
•
Interest Earnings:
Effective Yield:
Interest Payment Period:
****************s*********************r*****W************ax*******
•
11.9 V7
1006
0zs r3
(Not to Exceed $245,000.00)
S 2?
SUBMITTED BY (FIRM):
SIGNATURE:
PHONE NUMBER: -s'%f_ lK- G c;
BID FORM
1/21/94
ITY OF FAYETTEVILLE, ARKANSAS
IIPPIREMENS RELIEF AND PENSION FUND
Taxpayer Number 71-0584406
113 West Mountain Fayetteville, Arkansas 72701
501-575-8281 Fax 501-575-8257
Investment Amount:
Type of Investment:
$245,000.00
Bonds, Notes, or
United States or
faith and credit
Treasury Certificates issued by the
its Agencies and backed by the full
of the United States Government.
Requested Maturity Date: Approximately 5 years from the date of purchase.
BIDS DUE: 1/27/94 9:00 A.M. FAX BIDS TO: 501-575-8257 ATTN: EMMA BADGLEY
TRADE DATE: 1/27/94 SETTLEMENT DATE: 1/27/94
EASY GROWTH TREASURY RECEIPT
Security Description:
Maturity Date:
Days Bid:
Maturity Value:
likterest Rate:
Discount/Premium:
Book Value:
Accrued Interest:
Yield:
Handling Fee:
Total Cost:
Interest Earnings:
Effective Yield:
Interest Payment Period:
SUBMITTED BY (FIRM):
11/15/1998
1753
$314,000.00
$244,753.58
5.8909
$0.00
$244,124.15
(Not to Exceed $245,000.00)
$69,246.42
5.8909 5.27
AT MATURITY
DEAN WITTER
575-1400
lGNATURE• PHONE NUMBER:
4
•
•
FAYETTEVILLE FIRE DEPT PENSION AND RELIEF FUND
PORTFOLIO PERFORMANCE 12/31/93 TO 02/28/94
NM CAPITAL MANAGEMENT
INCOME ACCT
deposit 1/27/94
3 - MONTHS TREASURY BILLS
DJIA W/DIV REINVESTED
S & P 500 W/DIV REINVEST
LONG TERM TREASURY BONDS
HIGH GRADE CORP BONDS
CPI (JAN)
NM CAPITAL
INCOME ACCT (time wtd)
12/31/93
$4,205,795
3,192,618
245,000
12/31/93
+ 3.19
+16.96
+ 10.09
+ 17.74
+ 13.71
+ 2.75
+ 15.34
+ 7.01
ORIGINAL INVESTMENT• NM CAPITAL
12/06/85
06/26/86
10/01/86
04/23/87
W ITHDRAWALS:
02/14/94 $10,000.
02/28/34
$4,313,316
3,406,680
02/28/94
0.48
2.49
0.56
1.92
1.08
0.27
2.56
0.70
$1,000,000.00
312, 657. 00
195, 000. 00
6475.585.00
2, 155, 242.00
•
FAYETTEVILLE FIREMEN PENSION & RELIEF FUND
ASSET ALLOCATION AS OF 02/28/94
STOCKS *2,946,430
BONDS & CDS 4,166,579
CASH 433,807
OTHER 173,180
RANGE TARGET CURRENT
5 - 25 5 CASH 5.62
15 - 75 45 FIXED INCOME 53.97
25 - 50 47 STOCKS 38.17
0 - 10 3 OTHER 2.24
CO
O
O
N
CI
0
0
N
M
ON
0.1
rd
•
0E1
0'
•
6'
01
O
sI
O'
0
N
co
0
0
N
M
0
0
N .
DEC -17-1993 10:42 FROM McILROY BANK 8 TRUST TO 95758257 P.01
PASSPORT PLUS
INVESTMENT MANAGEMENT PROGRAM
PRESENTED BY
ARVEST TRUST COMPANY, N.A.
McILROY BANK DIVISION
ROBERT P. PLUMMER
KEITH D. LEA
1. Overview of Program
11. Review of Investment Strategy Models
III. Performance of Models
IV. Summary of Features and Benefits
Post -Ir brand fax transmittal memo 7671 1st ol paged •
C: oc C tic.:I l e
Dep1'Cilt Clercs e>ccxt
Fa,r Se1S- 43 ..5r1
ForaV nateaw.
Ci h p
co.e ttkro , & Y&
.hone fl Cel s -r1
Fax i
/.00//93
•
•
•
•
14
et
e r con
c4
�•
co
•
o ° ±
Z•mtt
"444
t co
•
CO Pti
r
et
col issit
et
?".
col
et
roi
co
•
•
•
•
•
•
0
5
od
0
0
0
0
1
0
va
0
•
•
•
a
•
•
•
•
•
0
n
a�
Cg
td
E.
00
as
it
et la
0
r
0
1
as
rt
0
c
••
•
•
C0 C0e;stC0G�:00C
C� C C
st,
ommk
1/40 1/40
1/40 1/40
w
\O 1O \O
1O 00 00
O 1O 00
.°j
' o O PT'
CD a a CD
.1
'O
00 00 00 CO
CN LA a
\O \O \O \O
00 00 CO CO
LO N O
"4442222-924,91 O
O O O O O C C
C OOO0
�)t•< E -
-Jy
4444
a a N a
CD CD CD -it mit imi ist at VW
Pc -Pr CDPc- C�Pc- a
all fr cn Ras
•
PASSPORT PLUS ACCOUNT MODELS
COMPONENT FUNDS
Current Income Model Number I
Fidelity Short -Term Bond
Fidelity Cash Portfolio Treasury II
Capital Preservation Taxable Model Number II
Fidelity Equity Income
Fidelity GNMA
Fidelity Intermediate Bond
Fidelity Short Term Bond
Fidelity Cash Portfolio Treasury II
Capital Preservation Tax Advantaged Model Number III
Fidelity Equity Income
Fidelity High Yield Tax Free
Fidelity Limited Term Municipals
Fidelity Money Market Tax -Exempt Cash
Moderate Growth Model Number IV
Fidelity Magellan
Fidelity Blue Chip Growth
Fidelity GNMA
Fidelity Investment Grade Bond
Fidelity Short Term Bond
Fidelity Cash Portfolio Treasury II
Wealth Building Model Number V
Fidelity Growth Company
Fidelity Growth and Income
Fidelity Contra Fund
Fidelity Investment Grade Bond
Fidelity Cash Portfolio Treasury II
Aggressive Appreciation Domestic Model Number VI
Fidelity Contra Fund
Fidelity OTC
Fidelity Growth Company
Aggressive Appreciation Global Model Number VII
Fidelity Blue Chip Growth
Fidelity OTC
Fidelity Europe
Fidelity Pacific Basin
•
•
•
•
•
•
cat
•
Pu►uag sdrtim,
r
< crtz
CD poct
a
0
a-.
0
.54
ao cp
n 1-•
AD 0
i•+
pRi•
0
0
0
a
0
a
n•
Q co
' • M1lot
0 CPO
W (�
pi 7
151
0
0
h
l+l
an
io..
CD rtsi
p
at
CA
ET 0
n ~+
cn
(1)
0,
0
0,
c
c
0
sb
t
•
•
•
•
w
PASSPORT MODEL PERFORMANCE
Average Annual Total Retum
For Period Ending December 31, 1993
I. Current Income Model Number I
Normal allocation: 80% bonds, 20% money market funds
1993 Total return - 7.90%
II. Capital Preservation Taxable Model Number II
Normal allocation: 30% bonds, 20% stocks, 50% money market funds
1993 Total return - 10.11%
III. Capital Preservation Tax Advantaged Model Number III
Normal allocation: 30% bonds, 20% stocks, 50% money market funds
1993 Total return - 10.71% "•
Moderate Growth Model Number IV
Normal allocation: 40% stocks, 40% bonds, 20% money market funds
1993 Total return - 14.64%
V. Wealth Building Model Number V
Normal allocation: 65% stocks, 30% bonds, 5% money market funds
1993 Total return - 15.81%
VI. Aggressive Appreciation Domestic Model Number VI
Normal allocation: 100% stocks
1993 Total return - 16.44%
VII. Aggressive Appreciation Global Model Number VII
Normal allocation: 100% stocks
1993 Total return - 26.40%
Model returns are historical only and not necessarily indicative of future returns. Passport Plus is
an investment program, and as such, is not an obligation of the bank, is not guaranteed by the
bank, is not FDIC insured, and involves investment risks, including the possible loss of principal.
•
Model returns show the change in value of an investment in a model over the period shown based on the weighted performance of
the securities comprising the model value at net asset value, inclusive of change in value and reinvestment of any dividends and
capital gains, and net of all expenses, except the fees charged by Arvest Trust Company, N.A. The funds, which are managed by
Fidelity Management and Research, within each model are available at net asset value and purchased through Arvest Trust Company,
NA. Each model asset allocation is reviewed regularly and may be adjusted to reflect an asset mix that is intended to provide the
best opportunity for that model to achieve Its stated objective. Performance of these models may fluctuate widely and will be
influenced by many factors. Participation in this asset allocation program does not assure a profit not guarantee against a loss.
Reallotation of assets within a model will generally resuk in a taxable event to investors using the models. Share price, yields, and
returns of mutual funds within each model will vary, and investors my have a gain or a loss when shares are redeemed. For more
complete information about the mutual funds used in each model, including fees and expenses, read the prospectus of the mutual
fund. Fidelity Distributors Corporation and Arvest Trust Company, NA. are not ',Rioted. (Arvest Trust Company, 10-93).
1
•
•
•
•
• .,
NM CAPITAL MANAGEMENT, INC.
Page 1
CLIENT : FAYETTPP CITY OF FAYETTEVILLE FIRE PENSION AND RELIEF FUND REPORTING PERIOD: 10/01/93 TO 12/31/93
MANAGER: NTSC
PORTFOLIO COM'OSITION STATEMENT OF CHANGES
MARKET % OF PORTFOLIO MARKET VALUE AT 10/01/93: $3,141,128.07
VALUE TOTAL
DEPOSITS 853,233.68
CASH AND EQUIVALENTS $135,384.57 3.2 WITHDRAWALS (371.04)
EQUITIES 2,861,723.50 67.7 INCOME EARNED 48,088.12
GOV'T/CORP BONDS 1,190,868.91 28.2 CAPITAL APPRECIATION 183,389.57
ACCRUED INCOME 37,491.42 0.9
TOTAL $4 225,468.40 100.0 PORTFOLIO MARKET VALUE AT 12/31/93:
$4.225,468.40
THE FOLLOWING RETURNS ARE SHOWN GROSS OF MANAGEMENT FEES:
CUMULATIVE ANNUALIZED
10/01/93 TO 12/31/93 YEAR-TO-DATE PAST TWELVE MONTHS SINCE INCEPTION SINCE INCEPTION
TOTAL PORTFOLIO 5.9%
20.9% 20.9%
64.6% 13.3%
CASH AND EQUIVALENTS 0.7% 3.5% 3.5% 22.8% 5.3%
EQUITIES 8.9% 26.7% 26.7% 74.2% 14.9%
GOY'T/CORP BONDS 0.5% 12.9% 12.9% 56.0% 11.8%
AilliED INDEX - I
ILLS
S&P500 REINVESTED
GOV'T/CORP INTERMEDIATE BOND
CONSUMER PRICE INDEX
1.5%
0.8%
2.3%
0.2%
1.0%
9.4%
3.3%
10.0%
8.8%
2.9%
9.4%
3.3%
10.0%
8.6%
2.9%
INVESTMENT EARNINGS (APPRECIATION + INCOME) SINCE INCEPTION 01/18/90: $1,360,818.17
52.2%
23.4%
56.2%
45.9%
15.7%
NOTE: THE RETURNS SHOWN FOR THE VARIOUS SEGMENTS OF THE PORTFOLIO (CASH, EQUITY, ETC.) ARE SUPPLEMENTAL INFORMATION
TO THE TOTAL PORTFOLIO RETURN.
• SEGMENT NOT HELD FOR THE DESIGNATED PERIOD THEREFORE SEGMENT RETURNS ARE NOT COMPARABLE TO THE INDICES.
•
11.1%
5.4%
11.8%
9.9%
3.7%
DATE PRINTED: 02/16/94
Sill' T ID: FAYETTPP
T NAME: CITY OF FAYETTEYILLE FIRE
U DEFINE CODES: NNP%DDIN - BXXXXXXX
Cash and Equivalents
Fixed Income
Equities
NM CAPITAL MANAGEMENT, INC.
Portfolio Overview
PENSION AND RELIEF FUND
APPRAISAL DATE: 02/16/94
PRICING DATE: 02/15/94
CURRENT ASSET CHANGE ACCRUED COST
VALUE MIX TARGET % TO TARGET YIELD INCOME BASIS
230,418 5.3% 5.0% -13,309 2.8% 0 230,418
1,223,667 28.2% 30.0% 78,990 7.2% 42,169 1,081,392
2,888,104 66.5% 65.0% -65,681 2.4% 4,733 2,391.051
TOTAL PORTFOLIO 4,342,189 100.0%
•
•
STOCK AVERAGES
46,902 3,702,861
FIXED INCOME AVERAGES PERFORMANCE
TO 02/15/94
EXCL TOTAL
CASH & EQUIV SINCE RETURN
P/E 26.70 YTM 5.42% 01/18/90 69.18%
BETA 1.05 OUR 4.39 12/31/93 2.76%
ERNGR -3.63% COUP 7.98% 09/30/93 8.85%
DIVGR 12.24% MAT 5.23 12/31/93 2.76%
MDY (AAA ) 01/31/94 -0.43%
S&P (AAA )
•
•
•
NM CAPITAL MANAGEMENT, INC.
DATE PRINTED: 02/17/94 Port f o l i o Summary PRICING DATE: 02/15/94
DATE OF APPRAISAL: 02/15/94
FAYETTPP - CITY OF FAYETTEVILLE FIRE PENSION ANO RELIEF FUND
ESTIMATED
MARKET % OF ANNUAL
VALUE PORTFOLIO INCOME YIELD
Cash and Equivalents
MONEY MARKET FUNDS
Fixed Income
GOVERNMENT ISSUES
Equities
COMMON STOCKS
230,418.02
1,181,497.10
2,883,361.25
ACCRUED INTEREST 41,933.64
ACCRUED DIVIDEND 4,733.40
TOTAL PORTFOLIO
5.3 6,429 2.8
27.2 85,025 7.2
66.4 70,077 2.4
1.0
0.1
4.341,943.41 100.0
161,531 3.7
•
•
NM CAPITAL MANAGEMENT, INC.
OATE PRINTED: 02/17/94 Common Stock Summary PRICING DATE: 02/15/94
DATE OF APPRAISAL- 02/15/94
FAYETTPP - CITY OF FAYETTEVILLE FIRE PENSION ANO RELIEF FUND
% OF % OF
MARKET COMMON TOTAL
COMMON STOCKS VALUE STOCKS PORTFOLIO
Capital Goods - Industrial
Capital Goods - Technology
Consuaer Durables
Consumer Non -Durables
Energy
Finance
Basic Industry
Transportation
Utilities
TOTAL COMMON STOCK
137,500.00
554,712.50
580,850.00
751,805.50
76,387.50
65,000.00
384,187.50
211,250.00
121,668.25
2,883,361.25
4.8 3.2
19.2 12.8
20.1 13.4
26.1 17.3
2.6
2.3
13.3
7.3
4.2
1.8
1.5
8.8
4.9
2.8
100.0 66.4
•
DATE PRINTED: 02/17/94
•
SHARES /
FACE VALUE
DESCRIPTION
NM CAPITAL MANAGEMENT, INC. Page 1
Client Appraisal
FAYETTPP - CITY OF FAYETTEVILLE FIRE PENSION ANO RELIEF FUND
Cosh and Equivalents
MONEY MARKET FUNDS
230,418.02 MONEY MARKET FUND
PRICING DATE: 02/15/94
DATE OF APPRAISAL: 02/15/94
% OF ESTIMATED
UNIT TOTAL MARKET MARKET % OF ASSET ANNUAL CUR
COST COST PRICE VALUE PORTFOLIO CLASS INCOME YLD
1.00 230,418.02 1.00 230,418.02 5.3 100.0 6,429 2.8
Fixed Income
GOVERNMENT ISSUES
220,000 US TREAS 8.500% 05/15/97 100.04 220,092.35 110.69 243,512.50 5.6 20.6 18,700 7.7
100,000 FNMA DEB 9.550% 09/10/97 99.34 99,343.75 112.59 112,593.80 2.6 9.5 9,550 8.5
100,000 FNMA DEB 9.150% 04/10/98 99.34 99,343.75 113.34 113,343.80 2.6 9.6 9,150 8.1
100,000 US TREAS 5.250% 07/31/98 101.25 101,254.85 100.00 100,000.00 2.3 8.5 5,250 5.3
300,000 US TREAS 7.675% 11/15/99 102.95 308,852.10 111.75 335,250.00 7.7 28.4 23,625 7.0
250,000 US TREAS 7.500% 11/15/01 101.00 252,504 85 110.72 276,797.00 6.4 23.4 18,750 6.8
TOTAL GOVERNMENT ISSUES
1,081,391.65 1,181,497.10 27.2 100.0 85,025 7.2
Equities
COMMON STOCKS
Capital Goods - Industrial
5,500 HARNISCHFEGER INDUSTRY 18.88 103,848.18 25.00 137,500.00 3.2 4.8 2,200 1.6
4,200
3,500
•3,400
2,500
1,400
•
2,300
3,900
7,800
6,300
2,300
5,896
9,500
6,400
3,800
6,000
5,900
Capital Goods - Technology
AUGAT INC
BOEING CO
PRECISION CASTPARTS CP
-ROCKWELL INTL CORP
UNITED TECHNOLOGIES CORP
12.17 51,123 55 21.75 91,350.00 2.1 3.2 0 0.0
40.78 142,736.60 44.38 155,312.50 3.6 5.4 3,500 2.3
19.00 64,587.85 31.75 107,950.00 2.5 3.7 816 0.8
23.28 58,189.85 41.75 104,375.00 2.4 3.6 2,500 2.4
47.44 66,420.60 68.38 95,725.00 2.2 3.3 2,520 2.6
TOTAL Capital Goads • Technology
Consumer Durables
ARVIN INDS INC
BROWN GROUP INC
CROSS (A.T.) COMPANY
OUTBOARD MARINE CORP
TANGY CORP
TOTAL Consumer Durables
Consumer Non -Durables
ARCHER DANIELS MIDLAND
DELTA WOODSIDE
HANSON PLC SPONSRO
MERCANTILE STORES
RUSS BERRIE 8 CO INC
RYKOFF-SEXTON INC
TOTAL Consumer Non -Durables
383,058.45 554,712.50 12.8 19.2 9,336 1.7
22.07 50,754.35 32.00 73,600.00 1.7 2.6 1,748 2.4
30.43 118.660.71 34.75 135,525.00 3.1 4.7 6,240 4.6
14.56 113,561.55 14.50 113,100.00 2.6 3.9 4,992 4.4
18.43 116,092.54 25.13 158,287.50 3.6 5.5 2,520 1.6
27.15 62,453.25 43.63 100,337.50 2.3 3.5 1,380 1.4
461,522.40 580,850.00 13.4 20.1 16,880 2.9
21.12 124,541.50 26.75 157,718.00 3.6 5.5 590 0.4
12.46 118,362.05 10.63 100,937.50 2.3 3.5 3,800 3.8
19.43 124,371.40 20.88 133,600.00 3.1 4.6 5,736 4.3
34.97 132,885.70 39.13 148,675.00 3.4 5.2 3,876 2.6
15.73 94,354.85 14.25 85,500.00 2.0 3.0 3,600 4.2
17.67 104,249.75 21.25 125,375.00 2.9 4.3 0 0.0
698,765.25 751,805.50 17.3 26.1 17,602 2.3
•
•
DATE PRINTED: 02/17/94
•
SHARES /
FACE VALUE
DESCRIPTION
NM CAPITAL MANAGEMENT, INC. Page 2
Client Appraisal PRICING DATE: 02/15/94
DATE OF APPRAISAL: 02/15/94
FAYETTPP - CITY OF FAYETTEVILLE FIRE PENSION AND RELIEF FUND
% OF ESTIMATED
UNIT TOTAL MARKET MARKET % OF ASSET ANNUAL CUR
COST COST PRICE VALUE PORTFOLIO CLASS INCOME YLD
Energy
700 ROYAL DUTCH PETE NY REG GLOR 5 75.16 52,613.55 109.13 76,387.50 1.8 2.6 2,815 3.7
Finance
800 ST PAUL COS INC 74.32 59,454.20 81.25 65,000.00 1.5 2.3 2,240 3.4
11,600
5,700
6,300
Basic Industry
CALGON CARBON CORP
GLATFELTER COMPANY
JAMES RIVER CORP VA
TOTAL Basic Industry
11.70 138,046.70 13.50 159,300.00 3.7 5.5 1,888 1.2
18.62 106,138.85 17.63 100,462.50 2.3 3.5 3,990 4.0
20.98 132,147.40 19.75 124,425.00 2.9 4.3 3,780 3.0
376,332 95 384,187.50 8.8 13.3 9,658 2.5
Transportation
7,800 AAR CORP 13.32 103,899.25 16.00 124,800.00 2.9 4.3 3,744 3.0
3,800 OVERSEAS SHIPHOLOING GROUP 19.19 72,926.85 22.75 86,450.00 2.0 3.0 2,280 2.6
3,322
TOTAL Transportation
Utilities
SPRINT CORP
TOTAL COMMON STOCKS
176,826.10 211,250.00 4.9 7.3 6,024 2.9
23.67 78,627.65 36.63 121,668.25 2.8 4.2 3,322 2.7
2,391,048.93 2,883,361.25 66.4 100.0 70,077 2.4
ACCRUED INTEREST 41,933.64 1.0
ACCRUED DIVIDEND 4,733.40 0.1
TOTAL PORTFOLIO
3,702,858.80 4,341,943.41 100.0 100.0 161,531 3.7