Statements of Operations (Unaudited) (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2011	Sep. 30, 2010	Sep. 30, 2011	Sep. 30, 2010
Realized and unrealized gain (loss) on investments--Note B
Realized gain (loss) on investments	$ (728,570)	$ 675,103	$ (493,679)	$ 2,402,287
Unrealized gain (loss) on investments	1,032,387	3,867,429	(2,432,946)	1,650,808
Net investment income (loss)	303,817	4,542,532	(2,926,625)	4,053,095
Operating expenses
Management and incentive fees	205,561	227,054	667,815	680,876
Administrative fees	77,796	89,691	251,317	269,655
Managed account fees	539,758	316,419	1,525,410	564,998
Trailing commissions	72,705	68,935	224,953	193,376
Miscellaneous operating expenses	65,605	57,664	210,260	161,540
Total operating expenses	961,425	759,763	2,879,755	1,870,445
NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS	$ (657,608)	$ 3,782,769	$ (5,806,380)	$ 2,182,650