Ŀ
Date:          29-Oct-93    TOP FIVE (*)          TOP TEN                  
  DOW HI YIELD PORTFOLIONAV/Shr:     14.4913 NAV/Shr:      13.4406         
           #1           Yr-to-date:    36.62%Yr-to-date:     32.84%        
Start:  Nov 1/92        From start:    44.91%From start:     34.41%        
                        Month:          3.54%Month:           2.78%        
                        Vs DJ30:        3.50 Vs DJ30:         2.68         
Ĵ
 Shares         Security        Cost    Price        Mkt Val  Asset%  Yield  
Ĵ
  1,550 Westinghouse *     20,088.25   14.500      22,475.00    8.36%  2.76% 
  1,350 Union Carbide *    19,863.75   19.750      26,662.50    9.92%  3.80% 
    935 Amer Express *     20,090.08   32.250      30,153.75   11.22%  3.10% 
    650 General Motors *   20,078.50   47.625      30,956.25   11.52%  1.68% 
    485 Eastman Kodak *    19,902.18   62.875      30,494.38   11.34%  3.18% 
        Dividends                       -           4,204.25    1.56%        
                          ----------              ----------                 
                          100,022.76              144,946.13           2.80% 
    330 Texaco             19,865.40   68.125      22,481.25    8.36%  4.70% 
    475 Sears              20,027.00   57.375      27,253.13   10.14%  2.79% 
    144 Dean Witter                    41.125       5,922.00    2.20%        
    325 Exxon              19,971.24   65.375      21,246.88    7.90%  4.40% 
    300 IBM                20,125.50   46.000      13,800.00    5.13%  2.17% 
    280 Chevron            19,941.40   97.000      27,160.00   10.10%  3.61% 
        Cash                   46.70    -              46.70    0.02%        
        Dividends                       -           5,955.75    2.22%        
                          ----------              ----------   -----         
                          200,000.00              268,811.83  100.00%  3.10% 

