旼컴컴컴컴컴컴컴컴컴컴컴컫컴컴컴컴컴컴컴컴컴컴컫컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴� 쿏ate: 31-Dec-93� TOP FIVE (*) � TOP TEN � � DOW HI YIELD PORTFOLIO쿙AV/Shr: 15.5091 쿙AV/Shr: 13.4296 � � 쿧r-to-date: 46.22%쿧r-to-date: 32.73% � 쿞tart: Nov 1/92 쿑rom start: 55.09%쿑rom start: 34.30% � � 쿘onth: 3.52%쿘onth: 1.06% � � 쿣s DJ30: 3.65 쿣s DJ30: 2.27 � 쳐컴컴컴컴컴컴컴컴컴컴컴컨컴컴컴컴컴컴컴컴컴컴컨컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴� � Shares Security Cost Price Mkt Val Asset% Yield � 쳐컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴� � 1275 Woolworth * 28,975.13 25.375 32,353.13 20.86% 4.57% � � 535 Philip Morris * 28,897.05 55.625 29,759.38 19.18% 4.67% � � 1460 Union Carbide * 28,862.55 22.375 32,667.50 21.06% 3.35% � � 600 Dupont * 28,662.00 48.250 28,950.00 18.66% 3.65% � � 895 Merck * 28,862.48 34.375 30,765.63 19.83% 3.26% � � Cash 92.23 0.06% � � Dividends - 538.48 0.35% � � ---------- ---------- � � 144,259.20 155,126.33 3.97% � � � � 1175 Woolworth 26,705.63 25.375 29,815.63 11.10% 4.57% � � 495 Philip Morris 26,684.85 55.625 27,534.38 10.25% 4.67% � � 1345 Union Carbide 26,683.45 22.375 30,094.38 11.20% 3.35% � � 560 Dupont 26,753.80 48.250 27,020.00 10.06% 3.65% � � 825 Merck 26,608.13 34.375 28,359.38 10.56% 3.26% � � 390 Texaco 26,638.95 64.750 25,252.50 9.40% 4.94% � � 405 Exxon 26,548.28 63.125 25,565.63 9.52% 4.56% � � 370 JP Morgan 26,477.35 69.375 25,668.75 9.56% 3.46% � � 420 Eastman Kodak 26,480.10 56.250 23,625.00 8.80% 3.56% � � 275 Chevron 26,736.00 87.125 23,959.38 8.92% 4.02% � � Cash 144.48 0.05% � � Dividends 1,553.49 0.58% � � ---------- ---------- � � 266,316.53 268,592.97 4.06% � 읕컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴� 旼컴컴컴컴컴컴컴컴컴컴컴컫컴컴컴컴컴컴컴컴컴컴컫컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴� 쿏ate: 30-Nov-93� TOP FIVE (*) � TOP TEN � � DOW HI YIELD PORTFOLIO쿙AV/Shr: 14.9822 쿙AV/Shr: 13.2884 � � 쿧r-to-date: 41.25%쿧r-to-date: 31.34% � 쿞tart: Nov 1/92 쿑rom start: 49.82%쿑rom start: 32.88% � � 쿘onth: 3.40%쿘onth: -0.60% � � 쿣s DJ30: 3.85 쿣s DJ30: 2.54 � 쳐컴컴컴컴컴컴컴컴컴컴컴컨컴컴컴컴컴컴컴컴컴컴컨컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴� � Shares Security Cost Price Mkt Val Asset% Yield � 쳐컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴� � 1275 Woolworth * 28,975.13 23.125 29,484.38 19.68% 5.02% � � 535 Philip Morris * 28,897.05 56.000 29,960.00 19.99% 4.64% � � 1460 Union Carbide * 28,862.55 20.875 30,477.50 20.34% 3.59% � � 600 Dupont * 28,662.00 47.750 28,650.00 19.12% 3.69% � � 895 Merck * 28,862.48 34.250 30,653.75 20.46% 3.27% � � Cash 92.23 0.06% � � Dividends - 538.48 0.36% � � ---------- ---------- � � 144,259.20 149,856.33 4.06% � � � � 1175 Woolworth 26,705.63 23.125 27,171.88 10.22% 5.02% � � 495 Philip Morris 26,684.85 56.000 27,720.00 10.43% 4.64% � � 1345 Union Carbide 26,683.45 20.875 28,076.88 10.56% 3.59% � � 560 Dupont 26,753.80 47.750 26,740.00 10.06% 3.69% � � 825 Merck 26,608.13 34.250 28,256.25 10.63% 3.27% � � 390 Texaco 26,638.95 64.125 25,008.75 9.41% 4.99% � � 405 Exxon 26,548.28 62.750 25,413.75 9.56% 4.59% � � 370 JP Morgan 26,477.35 70.875 26,223.75 9.87% 3.39% � � 420 Eastman Kodak 26,480.10 60.875 25,567.50 9.62% 3.29% � � 275 Chevron 26,736.00 86.875 23,890.63 8.99% 4.03% � � Cash 144.48 0.05% � � Dividends 1,553.49 0.58% � � ---------- ---------- � � 266,316.53 265,767.34 4.05% � 읕컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴�