SUMMARY OF PER SHARE INFORMATION

6 Months Ended

Sep. 30, 2011

Earnings Per Share, Basic and Diluted, Other Disclosures [Abstract]

SUMMARY OF PER SHARE INFORMATION

8.  SUMMARY OF PER SHARE INFORMATION

The following presents a summary of per share data for the six and three months ended September 30, 2011 and 2010.

	Three Months Ended September 30,						Six Months Ended September 30
Per Share Data	2011			2010			2011			2010
Investment income	$	.34		$	.31		$	.65		$	1.10
Operating expenses		(.32	)		(.28	)		(.63	)		(.54	)
Income taxes		(.01	)		(.01	)		(.01	)		(.01	)
Net investment income		.01			.02			.01			.55
Distributions from undistributed net investment income		–			–			(.40	)		(.40	)
Net realized gain  net of tax		4.88			.14			3.31			19.92
Net increase (decrease) in unrealized appreciation of investments		(11.74	)		6.24			(12.95	)		(11.32	)
Exercise of employee stock options		(.03	)		(.01	)		(.03	)		(.01	)
Stock option expense		.07			.07			.13			.11
Increase (decrease) in net asset value		(6.81	)		6.46			(9.93	)		8.85
Net asset value
Beginning of period		140.56			132.53			143.68			130.14
End of period	$	133.75		$	138.99		$	133.75		$	138.99