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
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