NPORT-EX 2 464791VOYA113022.htm

 

Voya Global Advantage and Premium Opportunity Fund PORTFOLIO OF INVESTMENTS
as of November 30, 2022 (Unaudited)

 

Shares      Value Percentage
of Net
Assets
COMMON STOCK: 99.4%
    Australia: 2.8%
20,022    Ampol Ltd. $      390,326   0.2 
5,493    ASX Ltd. 264,783   0.2 
151,164    Aurizon Holdings Ltd. 392,886   0.2 
50,306    Australia & New Zealand Banking Group Ltd. 849,401   0.5 
52,545    Brambles Ltd. 434,644   0.3 
204,398    Medibank Pvt Ltd. 407,811   0.3 
2,417    Rio Tinto Ltd. 180,440   0.1 
45,130    Santos Ltd. 225,114   0.1 
10,160    Sonic Healthcare Ltd. 224,425   0.1 
21,735    Suncorp Group Ltd. 176,878   0.1 
90,201    Telstra Group Ltd. 244,734   0.2 
80,508    Transurban Group - Stapled Security 787,097   0.5 
      4,578,539   2.8 
          
     Belgium: 0.1%
2,178    UCB S.A. 175,801   0.1 
          
     Canada: 3.7%
18,939    Bank of Nova Scotia 988,097   0.6 
16,726    BCE, Inc. 796,541   0.5 
19,419    Canadian Imperial Bank of Commerce - XTSE 935,328   0.5 
5,253    Canadian Utilities Ltd. 143,670   0.1 
2,719    iA Financial Corp., Inc. 153,399   0.1 
5,441    IGM Financial, Inc. 157,873   0.1 
3,184    National Bank Of Canada 227,068   0.1 
14,131    Pembina Pipeline Corp. 515,908   0.3 
7,863    Royal Bank of Canada 782,004   0.5 
3,448    Sun Life Financial, Inc. 163,384   0.1 
4,878    Suncor Energy, Inc. 160,394   0.1 
6,724    TC Energy Corp. 297,923   0.2 
37,374    TELUS Corp. 795,741   0.5 
      6,117,330   3.7 
          
     China: 0.2%
78,000    BOC Hong Kong Holdings Ltd. 248,976   0.2 
          
     Denmark: 0.5%
344    AP Moller - Maersk A/S - Class B 745,777   0.5 
          
     Finland: 0.5%
11,129    Kone Oyj 556,569   0.3 
32,553    Nokia OYJ - Finland 160,387   0.1 
3,408    Orion Oyj 179,933   0.1 
      896,889   0.5 
          
     France: 2.4%
4,718    Air Liquide SA 686,902   0.4 
13,905    AXA S.A. 393,076   0.2 
7,087    BNP Paribas 398,234   0.3 
9,191    Bouygues SA 284,244   0.2 
4,513    Cie de Saint-Gobain 208,102   0.1 
8,249    Edenred 453,194   0.3 
1,600    Ipsen SA 178,857   0.1 
5,950 (1)  La Francaise des Jeux SAEM 238,574   0.2 
83,364    Orange SA 847,078   0.5 
2,250    SEB SA 177,675   0.1 
      3,865,936   2.4 
          
     Germany: 1.3%
20,724    Deutsche Post AG 827,891   0.5 
9,224    GEA Group AG 377,182   0.2 
4,722 (1)  Scout24 SE 259,183   0.2 
5,906    Symrise AG 677,355   0.4 
      2,141,611   1.3 
          
     Hong Kong: 1.7%
22,500    CK Asset Holdings Ltd. 134,674   0.1 
61,500    CK Hutchison Holdings Ltd. 357,513   0.2 
160,000    HKT Trust & HKT Ltd. - Stapled Security 195,091   0.1 
6,800    Jardine Matheson Holdings Ltd. 328,780   0.2 
93,300    Link REIT 630,223   0.4 
88,500    MTR Corp. 426,670   0.3 
71,500    Power Assets Holdings Ltd. 368,842   0.2 
161,000    SITC International Holdings Co. Ltd. 357,156   0.2 
      2,798,949   1.7 
          
     Ireland: 0.8%
5,248    CRH PLC 210,978   0.1 
7,406    DCC PLC 394,389   0.3 
8,420    Medtronic PLC 665,517   0.4 
      1,270,884   0.8 
          
     Italy: 1.0%
72,851    ENI S.p.A. 1,086,213   0.6 
45,591 (1)  Poste Italiane SpA 448,692   0.3 
34,260    Snam SpA 174,888   0.1 
      1,709,793   1.0 
          
     Japan: 6.8%
12,900    Dai Nippon Printing Co., Ltd. 267,180   0.1 
232,400    ENEOS Holdings, Inc. 784,301   0.5 
1,000    Hirose Electric Co., Ltd. 133,838   0.1 
28,900    Japan Post Holdings Co. Ltd. 226,523   0.1 
54,500    Japan Tobacco, Inc. 1,115,037   0.7 
11,900    McDonald's Holdings Co. Japan Ltd. 440,752   0.3 
29,300    Mitsubishi UFJ Financial Group, Inc. 159,789   0.1 
53,700    Mizuho Financial Group, Inc. 670,221   0.4 
10,800    Nintendo Co., Ltd. 463,073   0.3 
5,600    Nippon Telegraph & Telephone Corp. 155,283   0.1 
5,900    Nomura Real Estate Holdings, Inc. 142,912   0.1 
8,600    Ono Pharmaceutical Co., Ltd. 220,402   0.1 
12,900    Secom Co., Ltd. 797,544   0.5 
11,600    Sekisui Chemical Co., Ltd. 164,062   0.1 
43,100    Sekisui House Ltd. 806,991   0.5 
9,600    Sompo Holdings, Inc. 423,446   0.2 

 

 

 

 

Voya Global Advantage and Premium Opportunity Fund PORTFOLIO OF INVESTMENTS
as of November 30, 2022 (Unaudited)(Continued)

 

Shares      Value Percentage
of Net
Assets
COMMON STOCK: (continued)
     Japan: (continued)
51,800    Sumitomo Chemical Co., Ltd. $      188,854   0.1 
32,700    Sumitomo Mitsui Financial Group, Inc. 1,109,862   0.7 
20,800    Sumitomo Mitsui Trust Holdings, Inc. 667,070   0.4 
35,000    Takeda Pharmaceutical Co., Ltd. 1,029,113   0.6 
44,700    Tokio Marine Holdings, Inc. 922,106   0.6 
15,700    Tokyo Gas Co., Ltd. 288,802   0.2 
      11,177,161   6.8 
          
     Netherlands: 1.1%
16,605    NN Group NV 709,642   0.5 
9,297    Wolters Kluwer NV 1,024,631   0.6 
      1,734,273   1.1 
          
     New Zealand: 0.1%
59,093    Spark New Zealand Ltd. 192,650   0.1 
          
     Spain: 0.6%
8,782    ACS Actividades de Construccion y Servicios SA 249,255   0.1 
48,331    Repsol SA 746,250   0.5 
      995,505   0.6 
          
     Switzerland: 2.4%
9,736    Holcim AG 508,607   0.3 
7,052    Novartis AG 627,307   0.4 
1,593    Roche Holding AG-GENUSSCHEIN 520,312   0.3 
1,480    Swisscom AG 798,108   0.5 
3,004    Zurich Insurance Group AG 1,443,233   0.9 
      3,897,567   2.4 
          
     United Kingdom: 5.2%
32,453    3i Group PLC 533,220   0.3 
5,768    Admiral Group Plc 141,017   0.1 
87,247    Amcor PLC 1,077,501   0.7 
182,068    Aviva PLC 983,037   0.6 
81,920    BAE Systems PLC 811,317   0.5 
29,023    British American Tobacco PLC 1,190,006   0.7 
55,903    GSK PLC 950,582   0.6 
14,887    Hikma Pharmaceuticals PLC 272,824   0.2 
40,124    Imperial Brands PLC 1,032,036   0.6 
142,565    NatWest Group PLC 453,403   0.3 
72,379    The Sage Group PLC 702,041   0.4 
21,480    United Utilities Group PLC 266,437   0.2 
      8,413,421   5.2 
          
     United States: 68.2%
10,356    3M Co. 1,304,545   0.8 
16,347    AbbVie, Inc. 2,634,809   1.6 
6,235    AECOM 529,975   0.3 
5,192    Air Products & Chemicals, Inc. 1,610,351   1.0 
4,404    Allegion Public Ltd. 500,515   0.3 
7,298    Allstate Corp. 977,202   0.6 
11,626    Amdocs Ltd. 1,033,086   0.6 
9,278    American Electric Power Co., Inc. 898,110   0.6 
7,289    Amgen, Inc. 2,087,570   1.3 
3,959    AO Smith Corp. 240,470   0.1 
623    Aon PLC 192,058   0.1 
2,754    Aptargroup, Inc. 292,310   0.2 
5,004    Assurant, Inc. 641,613   0.4 
91,803    AT&T, Inc. 1,769,962   1.1 
7,361    Avnet, Inc. 332,496   0.2 
8,611    Axis Capital Holdings Ltd. 495,649   0.3 
2,876    Bank of Hawaii Corp. 232,007   0.1 
14,307    Bank OZK 660,268   0.4 
2,217    Becton Dickinson & Co. 552,787   0.3 
2,257    Booz Allen Hamilton Holding Corp. 240,145   0.1 
25,162    Bristol-Myers Squibb Co. 2,020,005   1.2 
16,037    Cardinal Health, Inc. 1,285,686   0.8 
1,407    Cheniere Energy, Inc. 246,731   0.2 
11,009    Chevron Corp. 2,018,060   1.2 
4,313    Church & Dwight Co., Inc. 353,105   0.2 
1,316    Cigna Corp. 432,819   0.3 
43,660    Cisco Systems, Inc. 2,170,775   1.3 
7,525    Citizens Financial Group, Inc. 318,909   0.2 
5,478    Coca-Cola Co. 348,456   0.2 
15,362    Colgate-Palmolive Co. 1,190,248   0.7 
9,728    Commerce Bancshares, Inc. 728,822   0.4 
7,905    CVS Health Corp. 805,361   0.5 
6,943    Digital Realty Trust, Inc. 780,810   0.5 
12,500    Dolby Laboratories, Inc. 935,875   0.6 
16,975    DT Midstream, Inc. 1,024,102   0.6 
7,859    DTE Energy Co. 911,723   0.6 
13,211    Duke Energy Corp. 1,320,175   0.8 
7,644    Edison International 509,549   0.3 
6,879    Electronic Arts, Inc. 899,636   0.6 
1,183    Elevance Health, Inc. 630,444   0.4 
13,308    Emerson Electric Co. 1,274,507   0.8 
2,567    Everest Re Group Ltd. 867,492   0.5 
14,313    Evergy, Inc. 847,473   0.5 
4,377    Eversource Energy 362,678   0.2 
1,972    FedEx Corp. 359,338   0.2 
8,463    First American Financial Corp. 462,503   0.3 
6,881    First Industrial Realty Trust, Inc. 347,835   0.2 
35,734    Flowers Foods, Inc. 1,073,807   0.7 
51,202    FNB Corp. 721,948   0.4 
4,189    Fortive Corp. 282,967   0.2 
14,145    Gaming and Leisure Properties, Inc. 744,168   0.5 
14,533    General Mills, Inc. 1,239,665   0.8 
12,049    Genpact Ltd. 555,579   0.3 
24,070    Gentex Corp. 695,623   0.4 
6,170    Genuine Parts Co. 1,131,146   0.7 
20,747    Gilead Sciences, Inc. 1,822,209   1.1 
3,260    Hancock Whitney Corp. 178,778   0.1 
4,427    Hanover Insurance Group, Inc. 652,097   0.4 
14,005    Hartford Financial Services Group, Inc. 1,069,562   0.7 

 

 

 

 

Voya Global Advantage and Premium Opportunity Fund PORTFOLIO OF INVESTMENTS
as of November 30, 2022 (Unaudited)(Continued)

 

Shares      Value Percentage
of Net
Assets
COMMON STOCK: (continued)
     United States: (continued)
2,613    Hasbro, Inc. $      164,149   0.1 
19,905    Highwoods Properties, Inc. 593,169   0.4 
6,194    International Bancshares Corp. 326,300   0.2 
6,631    International Business Machines Corp. 987,356   0.6 
15,808    Iron Mountain, Inc. 858,849   0.5 
20,049    Johnson & Johnson 3,568,722   2.2 
12,574    Johnson Controls International plc 835,417   0.5 
31,768    Juniper Networks, Inc. 1,055,968   0.6 
13,101    Kellogg Co. 955,718   0.6 
18,189    Keurig Dr Pepper, Inc. 703,369   0.4 
4,630    Kilroy Realty Corp. 200,109   0.1 
1,331    Kimberly-Clark Corp. 180,523   0.1 
58,302    Kinder Morgan, Inc. 1,114,734   0.7 
2,297    Lamar Advertising Co. 230,022   0.1 
4,455    Life Storage, Inc. 478,868   0.3 
4,581    LKQ Corp. 248,886   0.2 
362    Lockheed Martin Corp. 175,639   0.1 
9,466    Loews Corp. 550,448   0.3 
7,823    Manpowergroup, Inc. 684,669   0.4 
11,710    Marathon Petroleum Corp. 1,426,395   0.9 
7,211    Marsh & McLennan Cos., Inc. 1,248,801   0.8 
9,390    MAXIMUS, Inc. 660,117   0.4 
2,812    McKesson Corp. 1,073,284   0.7 
13,199    MDU Resources Group, Inc. 415,636   0.3 
25,004    Merck & Co., Inc. 2,753,440   1.7 
15,576    Metlife, Inc. 1,194,679   0.7 
10,500    MGIC Investment Corp. 144,165   0.1 
903    Mid-America Apartment Communities, Inc. 148,887   0.1 
8,282    Mondelez International, Inc. 559,946   0.3 
4,916    Morgan Stanley 457,532   0.3 
3,921    MSC Industrial Direct Co. 336,539   0.2 
10,872    National Fuel Gas Co. 720,053   0.4 
20,529    National Retail Properties, Inc. 951,724   0.6 
7,259    National Storage Affiliates Trust 288,981   0.2 
8,890    NetApp, Inc. 601,053   0.4 
25,813    NiSource, Inc. 721,215   0.4 
39,138    Old Republic International Corp. 958,881   0.6 
1,886    ONE Gas, Inc. 163,988   0.1 
6,338    Packaging Corp. of America 861,271   0.5 
23,673    Patterson Cos., Inc. 673,260   0.4 
11,689    PepsiCo, Inc. 2,168,426   1.3 
37,735    Pfizer, Inc. 1,891,656   1.2 
17,843    Philip Morris International, Inc. 1,778,412   1.1 
13,069    Phillips 66 1,417,202   0.9 
6,388    Popular, Inc. 466,452   0.3 
34,084    PPL Corp. 1,006,160   0.6 
12,887    Premier, Inc. 429,781   0.3 
19,294    Procter & Gamble Co. 2,877,893   1.8 
12,331    Prosperity Bancshares, Inc. 931,854   0.6 
11,419    Reynolds Consumer Products, Inc. 364,951   0.2 
3,097    Ryder System, Inc. 289,539   0.2 
4,864    Sempra Energy 808,348   0.5 
12,524    Service Corp. International 894,840   0.6 
4,993    Silgan Holdings, Inc. 264,130   0.2 
3,592    Snap-On, Inc. 864,235   0.5 
11,680    Sonoco Products Co. 716,802   0.4 
10,667    Spirit Realty Capital, Inc. 441,827   0.3 
6,239    Targa Resources Corp. 464,119   0.3 
4,784    Texas Instruments, Inc. 863,321   0.5 
6,504    Travelers Cos, Inc. 1,234,524   0.8 
4,105    UGI Corp. 158,658   0.1 
3,946    UMB Financial Corp. 337,462   0.2 
3,968    United Parcel Service, Inc. - Class B 752,849   0.5 
915    UnitedHealth Group, Inc. 501,200   0.3 
11,457    Unum Group 483,256   0.3 
25,329    US Bancorp 1,149,683   0.7 
3,551    Valero Energy Corp. 474,485   0.3 
4,451    Verisk Analytics, Inc. 817,693   0.5 
42,827    Verizon Communications, Inc. 1,669,396   1.0 
9,406    Washington Federal, Inc. 331,750   0.2 
5,669    WEC Energy Group, Inc. 562,025   0.3 
5,020    Wells Fargo & Co. 240,709   0.1 
7,544    Wendy's Company 170,193   0.1 
7,853    WestRock Co. 297,786   0.2 
34,369    Williams Cos., Inc. 1,192,604   0.7 
12,139    WP Carey, Inc. 956,553   0.6 
      111,390,130   68.2 
          
  Total Common Stock    
  (Cost $150,807,311) 162,351,192   99.4 
       
EXCHANGE-TRADED FUNDS: 0.4%
5,295    iShares MSCI EAFE Value Index ETF 246,165   0.1 
3,075    iShares Russell 1000 Value ETF 488,894   0.3 
          
  Total Exchange-Traded Funds    
  (Cost $684,943) 735,059   0.4 
       
  Total Long-Term Investments    
  (Cost $151,492,254) 163,086,251   99.8 

 

 

 

 

Voya Global Advantage and Premium Opportunity Fund PORTFOLIO OF INVESTMENTS
as of November 30, 2022 (Unaudited)(Continued)

 

Shares      Value   Percentage
of Net
Assets
SHORT-TERM INVESTMENTS: 0.7%
     Mutual Funds: 0.7%
1,138,000 (2)  Goldman Sachs Financial Square Government Fund - Institutional Shares, 3.740%      
     (Cost $1,138,000) $      1,138,000     0.7 
            
  Total Short-Term Investments      
  (Cost $1,138,000) 1,138,000     0.7 
         
  Total Investments in Securities
(Cost $152,630,254)		 $  164,224,251     100.5 
  Liabilities in Excess of Other Assets (864,220)    (0.5)
  Net Assets $  163,360,031     100.0 

 

(1) Securities with purchases pursuant to Rule 144A or section 4(a)(2), under the Securities Act of 1933 and may not be resold subject to that rule except to qualified institutional buyers.
(2) Rate shown is the 7-day yield as of November 30, 2022.

 

Sector Diversification Percentage
of Net Assets		 
Financials  20.4%
Health Care  17.3 
Industrials  12.0 
Consumer Staples  10.5 
Energy  8.3 
Information Technology  6.5 
Utilities  6.3 
Communication Services  5.6 
Real Estate  4.8 
Materials  4.6 
Consumer Discretionary  3.1 
Exchange-Traded Funds  0.4 
Short-Term Investments  0.7 
Liabilities in Excess of Other Assets  (0.5)
Net Assets  100.0%

 

Portfolio holdings are subject to change daily.

 

 

 

 

Voya Global Advantage and Premium Opportunity Fund PORTFOLIO OF INVESTMENTS
as of November 30, 2022 (Unaudited)(Continued)

 

Fair Value Measurements

The following is a summary of the fair valuations according to the inputs used as of November 30, 2022 in valuing the assets and liabilities:

 

 

   Quoted Prices
in Active Markets
for Identical
Investments
(Level 1)		   Significant
Other
Observable
Inputs#
(Level 2)		   Significant
Unobservable
Inputs
(Level 3)		   Fair Value
at
November 30, 2022		 
Asset Table                    
Investments, at fair value                    
Common Stock                    
Australia  $–   $4,578,539   $–   $4,578,539 
Belgium   –    175,801    –    175,801 
Canada   6,117,330    –    –    6,117,330 
China   –    248,976    –    248,976 
Denmark   –    745,777    –    745,777 
Finland   –    896,889    –    896,889 
France   –    3,865,936    –    3,865,936 
Germany   –    2,141,611    –    2,141,611 
Hong Kong   328,780    2,470,169    –    2,798,949 
Ireland   665,517    605,367    –    1,270,884 
Italy   –    1,709,793    –    1,709,793 
Japan   –    11,177,161    –    11,177,161 
Netherlands   –    1,734,273    –    1,734,273 
New Zealand   –    192,650    –    192,650 
Spain   –    995,505    –    995,505 
Switzerland   –    3,897,567    –    3,897,567 
United Kingdom   1,077,501    7,335,920    –    8,413,421 
United States   111,390,130    –    –    111,390,130 
Total Common Stock   119,579,258    42,771,934    –    162,351,192 
Exchange-Traded Funds   735,059    –    –    735,059 
Short-Term Investments   1,138,000    –    –    1,138,000 
Total Investments, at fair value  $121,452,317   $42,771,934   $–   $164,224,251 
Other Financial Instruments+                    
Forward Foreign Currency Contracts   –    192,606    –    192,606 
Total Assets  $121,452,317   $42,964,540   $–   $164,416,857 
Liabilities Table                    
Other Financial Instruments+                    
Forward Foreign Currency Contracts  $–   $(1,086,187)  $–   $(1,086,187)
Written Options   –    (4,726,700)   –    (4,726,700)
Total Liabilities  $–   $(5,812,887)  $–   $(5,812,887)

 

+ Other Financial Instruments may include open forward foreign currency contracts, futures, centrally cleared swaps, OTC swaps and written options. Forward foreign currency contracts, futures and centrally cleared swaps are fair valued at the unrealized appreciation (depreciation) on the instrument.  OTC swaps and written options are valued at the fair value of the instrument.
# The earlier close of the foreign markets gives rise to the possibility that significant events, including broad market moves, may have occurred in the interim and may materially affect the value of those securities. To account for this, the Fund may frequently value many of its foreign equity securities using fair value prices based on third party vendor modeling tools to the extent available. Accordingly, a portion of the Fund's investments are categorized as Level 2 investments.

 

At November 30, 2022, the following forward foreign currency contracts were outstanding for Voya Global Advantage and Premium Opportunity Fund:

 

Currency Purchased  Currency Sold  Counterparty  Settlement Date  Unrealized
Appreciation
(Depreciation)		 
EUR 900,000  USD 891,457  Morgan Stanley & Co. International PLC  12/20/22  $46,676 
AUD 100,000  USD 66,577  State Street Bank and Trust Co.  12/20/22   1,357 
USD 11,167,725  EUR 11,100,000  State Street Bank and Trust Co.  12/20/22   (402,583)
USD 3,250,173  CHF 3,100,000  State Street Bank and Trust Co.  12/20/22   (34,687)
USD 7,298,503  GBP 6,300,000  State Street Bank and Trust Co.  12/20/22   (300,321)
USD 1,138,636  EUR 1,100,000  The Bank of New York Mellon  12/20/22   (7,971)
CAD 200,000  USD 148,369  The Bank of New York Mellon  12/20/22   367 
GBP 100,000  USD 112,910  The Bank of New York Mellon  12/20/22   7,706 
JPY 15,700,000  USD 111,301  The Bank of New York Mellon  12/20/22   2,695 
USD 412,005  CHF 400,000  The Bank of New York Mellon  12/20/22   (11,848)
USD 10,792,644  JPY 1,528,600,000  The Bank of New York Mellon  12/20/22   (306,389)
USD 6,306,334  CAD 8,300,000  The Bank of New York Mellon  12/20/22   133,805 
USD 4,597,092  AUD 6,800,000  The Bank of New York Mellon  12/20/22   (22,387)
            $(893,580)

 

 

 

 

Voya Global Advantage and Premium Opportunity Fund PORTFOLIO OF INVESTMENTS
as of November 30, 2022 (Unaudited)(Continued)

 

At November 30, 2022, the following OTC written equity options were outstanding for Voya Global Advantage and Premium Opportunity Fund:

 

Description  Counterparty  Put/Call  Expiration
Date		  Exercise
Price		  Number of
Contracts		  Notional Amount  Premiums
Received		  Fair Value 
            
Consumer Staples Select Sector SPDR Fund  Royal Bank of Canada  Call  12/16/22  USD 72.570  108,559  USD 8,379,669  $164,967  $(536,703)
Financial Select Sector SPDR Fund  Morgan Stanley & Co. International PLC  Call  12/30/22  USD 35.720  387,334  USD 14,064,098   341,125   (455,956)
FTSE 100 Index  UBS AG  Call  12/02/22  GBP 7,039.430  2,855  GBP 21,713,074   458,866   (1,841,106)
Health Care Select Sector SPDR Fund  UBS AG  Call  12/30/22  USD 135.920  60,935  USD 8,471,184   149,321   (281,988)
Industrial Select Sector SPDR Fund  Royal Bank of Canada  Call  12/16/22  USD 96.020  231,408  USD 23,538,822   611,588   (1,469,192)
Nikkei 225 Index  BNP Paribas  Call  12/02/22  JPY 27,159.490  23,980  JPY 670,696,380   106,144   (141,755)
                         $1,832,011  $(4,726,700)

 

Currency Abbreviations
AUD - Australian Dollar
CAD - Canadian Dollar
CHF - Swiss Franc
EUR - EU Euro
GBP - British Pound
JPY - Japanese Yen
USD - United States Dollar

 

At November 30, 2022, the aggregate cost of securities and other investments and the composition of unrealized appreciation and depreciation of securities and other investments on a tax basis were:

 

  Cost for federal income tax purposes was $150,864,912.  
     
  Net unrealized appreciation consisted of:  
     
  Gross Unrealized Appreciation  $18,969,060   
  Gross Unrealized Depreciation   (11,218,107)  
  Net Unrealized Appreciation  $7,750,953