Bernard Markovitz

Ansoft — Int/Div

Tyco — Int/Div

Pfizer/PFE — Int/Div

Baxter — Int/Div

Rental Property # 2, Pittsburgh, PA — Rent

Rental Property # 1, Pittsburgh, PA — Rent

Allegheny County, PA Revenue Bond — Int/Div

Dollar Bank Pay-By-Phone Pittsburgh, PA — Interest

Reliant Industries, Inc — Int/Div

Public Service Electric & Gas — Int/Div

State of California — Int/Div

10 Corporation Income Fund Series — Int/Div

Eastman Kodak — Int/Div

Columbia Savings Association CD — Int/Div

Columbia Savings Association cD — Int/Div

FNMA — Int/Div

Master Global Mutual Fund — Int/Div

Pittsburgh Urban Redevelopment Authority — Int/Div — Matured — Transaction

Chemical Bank — Int/Div

New York State Electric & Gas — Int/Div

Ohio Edison Co.-PHR — Int/Div

Cumberland Valley School District — Int/Div

Pittsburgh School District — Int/Div

Pittsburgh School District — Int/Div

Cocalico School District — Int/Div

Pennsbury School District — Int/Div

PFEH/EMPT — Int/Div

PFEG/T) — Int/Div

Wilmington Schools — Int/Div

State Public Schools — Int/Div

PA State — Int/Div

Hampton Sanitation — Int/Div

Strategic Global Income — Int/Div

TVA Power Bonds — Int/Div

Federated Homeloan Pref — Int/Div

Travelers Pref — Int/Div

Chase Manhattan Pref — Int/Div

TVA Power Bonds — Int/Div

Household Int'l Pref — Int/Div

Ford Motor Pref — Int/Div

BankAmerica Pref — Int/Div

Allegheny County Presbyterian Hospital — Int/Div

Dauphne County PA Tax Free — Int/Div

Excter Township PA School District — Int/Div

Westmoreland County Municipal — Int/Div

Bucks County Water & Sewer — Int/Div

Intel Coporation — Int/Div

AT&T Corporation — Int/Div

PPG Industries — Int/Div

Clayton Homes — Int/Div

MacDermid. Inc — Int/Div

Staples, Inc — Int/Div

Boeing Co — Int/Div

Chevron — Int/Div

General Electric Co — Int/Div

Belden, Inc — Int/Div

Occidental Petroleum Corp — Int/Div

Walt Disney Co. — Int/Div

Cisco Sys Inc — Int/Div

Deere & Co. — Int/Div

Schumberger Ltd. — Int/Div

Tricon Global Res. — Int/Div

Caterpillar Inc — Int/Div

Federated Invest Inc — Int/Div

Deere & Co — Int/Div

Ford Motor — Int/Div

AT&T Corp. — Int/Div

Microsoft — Int/Div

Intuit — Int/Div

Motorola — Int/Div

Texas Instruments — Int/Div

Oracle Corp — Int/Div

PA HsgFin Agency S/F Mtg — Int/Div

Philadelphia PA Gas Wks — Int/Div — Redeemed — Redemption

Philadelphia PA Pkg A — Int/Div

Westmoreland Co PA M/A — Int/Div

Pine Richland Sch Dist — Int/Div

Pittsburgh PA Urban — Int/Div

Hampton Twp PA Sch Dist — Int/Div

IM (MMM) — Int/Div

Bristol Meyers (BMY) — Int/Div

EPD (Enterprise Products) — Int/Div

SO (Southern) — Int/Div

Delaware Co PA IDA Ser Rev — Int/Div

Luzerne Cnty Penn Co Ult Ser — Int/Div

Comcast Corp. — Int/Div

AC Moore Arts & Crafts — Int/Div

Rite-Aid Corporation — Int/Div

California Water — Int/Div

This report covers the period of 01/01/2011 through 03/15/2011.