| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| BANK OF AMERICA, 75,000 5.42% 03152017 | 75,044 | 75,544 |
| DONNELLEY 75,000 8.6% 08152016 | 0 | 0 |
| MERRILL LYNCH, 75,000 6.5% 07152018 | 76,383 | 80,000 |
| PROTECTIVE LIFE, 75,000 7.375% 10152019 | 76,817 | 84,947 |
| SCHWAB CHARLES CORP, 20,000 7% FIXED TO 2022 | 21,337 | 22,750 |