C Fund 1/30/09

1/26/09  buy  2490  HCBK @ $12.32

1/26/09  buy  3750  EP  @ $ 8.12

1/26/09  buy  550  AVB  @ $ 54.22

1/28/09  sell  1695  CHH  @  $ 28.24

STOCKS             $ 879,848.75

CASH                   $ 94,445.38

TOTAL               $ 974,294.13

YTD:

C Fund       -3.73%

S&P500     -6.29%

DOW         -7.15%

Nasdaq      -4.39%

S10:  GLW  EP  MSM  DLM  AVB  UNP  HCBK  IPCR  QSII  SHW

S9:  IBM  IDA  FMS  PHI  MCD  YUM  

S8:  CBE

C Fund 1/23/09

Stocks         $ 839,407.45

Cash             $ 136,112.86

Total            $ 975,520.31

NAV              $ 9.76

YTD:

C Fund          - 5.43%

S&P 500       - 8.27%

DOW            - 7.45%

Nasdaq         - 7.07%

S10:  GLW 2.11  DLM 2.28  MSM 2.38  IPCR 3.25  QSII 3.09  

S9:  IBM 2.22 CBE 3.65 IDA 4.1  FMS 1.93  PHI 6.97  MCD 3.4  YUM 2.5  UNP 2.5  SHW 2.91

S7:  CHH  2.65       SPY

C Fund 1/16/09

STOCKS      $ 865,349.60

CASH           $ 135,830.40

TOTAL        $ 1,001,190.40

NAV            $ 10.21

S10:  GLW IBM DLM IPCR

MSM PHI MCD CHH QSII SHW 

S9: CBE IDA YUM FMS UNP

SPY

C Fund 1/09/09

Recent trades:

1/07/09   FMS  1080 @ 46.33

1/09/09  YUM  1300 @ 30.91

1/09/09  SHW  660 @ 60.35

1/09/09  PHI  875 @ 45.82

STOCKS        $ 884,639.60

CASH             $ 136,149.70

TOTAL          $ 1,020,789.30

NAV             $ 10.21

THE "NEW" C FUND

The C Fund has a new formulation and definition as of 12/23/08.

The fund is restricted to top rated large cap stocks (>4B) that have a dividend yield greater than 1.5%.  The object is to produce a competitive growth and income fund.  Initial funding was 1,000,000 dollars with a starting NAV of $ 10.00. 

Initial Purchases:  Ticker symb -  # shares

GLW 5740

CBE  1850

IBM  620

UNP  1065

IPCR  1725

CHH  1695

DLM  7340

MSM  1455

IDA  1725

MCD  815

QSII  1165

SPY  1700

1080 shares of FMS were added on 1/7/09

STOCKS        $ 784,056.05

CASH             $ 257,156.59

TOTAL          $ 1,041,212.64

NAV                $ 10.14