 |
Annual Report 1997 |
|
PORTFOLIO REVIEW |
|
| Ten Largest Portfolio Holdings (12/31/97) |
|
|
|
Market Value |
|
% of Net Assets |
|
| General Electric Co. |
|
$$48,060,625 |
|
3.4 |
|
| Petroleum & Resources Corporation* |
|
$41,813,305 |
|
2.9 |
|
| American International Group |
|
$29,362,500 |
|
2.1 |
|
| Norwest Corp. |
|
$25,575,000 |
|
1.8 |
|
| Solectron Corp. |
|
$24,937,500 |
|
1.7 |
|
| Hewlett-Packard Co. |
|
$23,702,500 |
|
1.7 |
|
| Elan Corp |
|
$23,546,250 |
|
1.6 |
|
| Gillette Co. |
|
$23,056,432 |
|
1.6 |
|
| Campbell Soup Co |
|
$22,087,500 |
|
1.6 |
|
| Lilly (Eli) & Co. |
|
$20,887,500 |
|
1.5 |
|
|
|
|
|
| Total |
|
$283,029,112 |
|
19.9 |
|
* Non-controlled affiliate |
|
|
|
| Sector Weightings (12/31/97) |
|
 |
|
