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        <BondNm>FIDELITY FUNDS TREASURY</BondNm>
        <EOYBookValueAmt>459059</EOYBookValueAmt>
        <EOYFMVAmt>459059</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>FIRST HORIZON 6.6% 05/01/26</BondNm>
        <EOYBookValueAmt>76212</EOYBookValueAmt>
        <EOYFMVAmt>65100</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>FORD MOTOR DEBENTURE 8.9% 1/15/32</BondNm>
        <EOYBookValueAmt>200000</EOYBookValueAmt>
        <EOYFMVAmt>218028</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>FREEPORT-MCMORAN 5.4% 11/14/34</BondNm>
        <EOYBookValueAmt>37132</EOYBookValueAmt>
        <EOYFMVAmt>71129</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>FREEPORT-MCMORAN 5.45% 3/15/43</BondNm>
        <EOYBookValueAmt>35153</EOYBookValueAmt>
        <EOYFMVAmt>44861</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>GOLDMAN SACHS 5.3% 11/10/26</BondNm>
        <EOYBookValueAmt>243201</EOYBookValueAmt>
        <EOYFMVAmt>237893</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>GOLDMAN SACHS 7.5% 2/10/29</BondNm>
        <EOYBookValueAmt>167221</EOYBookValueAmt>
        <EOYFMVAmt>167401</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>KEYCORP 5.625% 09/15/24</BondNm>
        <EOYBookValueAmt>125962</EOYBookValueAmt>
        <EOYFMVAmt>95050</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>LUMEN TECHNOLOGIES 7.65% 3/15/42</BondNm>
        <EOYBookValueAmt>192589</EOYBookValueAmt>
        <EOYFMVAmt>46000</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>M&amp;T BANK 5.0% 12/31/49</BondNm>
        <EOYBookValueAmt>172624</EOYBookValueAmt>
        <EOYFMVAmt>172114</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>MORGAN STANLEY 6.0% 5/24/24</BondNm>
        <EOYFMVAmt>246488</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>NEW MTN FIN 8.25% 11/15/25</BondNm>
        <EOYBookValueAmt>25000</EOYBookValueAmt>
        <EOYFMVAmt>26640</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>NUSTAR ENERGY 7.625% 6/15/22</BondNm>
        <EOYBookValueAmt>50000</EOYBookValueAmt>
        <EOYFMVAmt>51440</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>NY MORT TR 7% 1000SH 1/15/27</BondNm>
        <EOYBookValueAmt>25000</EOYBookValueAmt>
        <EOYFMVAmt>16310</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>OAKTREE CAP GRP 6.55%</BondNm>
        <EOYBookValueAmt>50003</EOYBookValueAmt>
        <EOYFMVAmt>47398</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>PENNYMAC 6.75% 8/24/26</BondNm>
        <EOYBookValueAmt>37500</EOYBookValueAmt>
        <EOYFMVAmt>27705</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>PNC FINANCIAL 6.0% 05/15/27</BondNm>
        <EOYBookValueAmt>149165</EOYBookValueAmt>
        <EOYFMVAmt>134386</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>QWEST CORP 6.75% 6/15/57</BondNm>
        <EOYBookValueAmt>50750</EOYBookValueAmt>
        <EOYFMVAmt>22492</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>RITHM CAPITAL VAR 11/15/26</BondNm>
        <EOYBookValueAmt>50000</EOYBookValueAmt>
        <EOYFMVAmt>42740</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>SIGNATURE BANK 5.0% 12/30/25 4000 SH</BondNm>
        <EOYBookValueAmt>89069</EOYBookValueAmt>
        <EOYFMVAmt>260</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>TEXAS CAP 5.75% 06/15/26 4000 SH</BondNm>
        <EOYBookValueAmt>99869</EOYBookValueAmt>
        <EOYFMVAmt>73000</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>WEBSTER FINL 6.5% 4000 SH</BondNm>
        <EOYBookValueAmt>97283</EOYBookValueAmt>
        <EOYFMVAmt>88600</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>WELLS FARGO 5.875% 06/15/25</BondNm>
        <EOYBookValueAmt>254152</EOYBookValueAmt>
        <EOYFMVAmt>246260</EOYFMVAmt>
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        <EOYFMVAmt>186600</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>GENERAL MOTORS</StockNm>
        <EOYFMVAmt>28123</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>GENERAL MOTORS 372.846 SHARES</StockNm>
        <EOYBookValueAmt>13325</EOYBookValueAmt>
        <EOYFMVAmt>11782</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>GENERAL MOTORS 808 WTS 7/10/19</StockNm>
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        <EOYFMVAmt>25533</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>HUNTSMAN CORP 2500 SH</StockNm>
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        <EOYFMVAmt>61500</EOYFMVAmt>
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      <OtherAssetsScheduleGrp>
        <Desc>UNREALIZED DEPRECIATION</Desc>
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      <TaxesDetail>
        <CategoryTxt>IRS FORM 4720</CategoryTxt>
        <Amt>31240</Amt>
        <NetInvestmentIncomeAmt>31240</NetInvestmentIncomeAmt>
      </TaxesDetail>
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  </ReturnData>
</Return>
