<PAGE>
SMALL COMPANY GROWTH PORTFOLIO AS OF JUNE 30, 2000
PORTFOLIO OF INVESTMENTS (UNAUDITED)
COMMON STOCKS -- 91.3%
<TABLE>
<CAPTION>
SECURITY SHARES VALUE
<S> <C> <C>
------------------------------------------------------------
Advertising -- 1.0%
------------------------------------------------------------
Catalina Marketing Corp.(1) 100 $ 10,200
------------------------------------------------------------
$ 10,200
------------------------------------------------------------
Biotechnology -- 0.7%
------------------------------------------------------------
Transkaryotic Therapies, Inc.(1) 200 $ 7,350
------------------------------------------------------------
$ 7,350
------------------------------------------------------------
Broadcasting and Radio -- 2.2%
------------------------------------------------------------
Entercom Communications Corp.(1) 300 $ 14,625
Sirius Satellite Radio, Inc.(1) 200 8,862
------------------------------------------------------------
$ 23,487
------------------------------------------------------------
Business Products and Services -- 1.1%
------------------------------------------------------------
CompuCredit Corp.(1) 400 $ 12,000
------------------------------------------------------------
$ 12,000
------------------------------------------------------------
Business Services - Miscellaneous -- 10.4%
------------------------------------------------------------
American Management Systems, Inc.(1) 200 $ 6,566
BreezeCom Ltd.(1) 200 8,700
Diamond Technology Partners(1) 150 13,200
Forrester Research, Inc.(1) 200 14,562
Heidrick and Struggles International,
Inc.(1) 300 18,937
Iron Mountain, Inc.(1) 200 6,800
National Computer System, Inc. 300 14,775
On Assignment, Inc.(1) 400 12,200
Pegasus Communications Corp.(1) 300 3,262
Plexus Corp.(1) 100 11,300
------------------------------------------------------------
$ 110,302
------------------------------------------------------------
Communications Equipment -- 6.7%
------------------------------------------------------------
Ditech Communications Co.(1) 50 $ 4,728
Exfo Electro-Optical Engineering,
Inc.(1) 200 8,775
Glenayre Technologies, Inc.(1) 900 9,506
InFocus Corp.(1) 100 3,219
Pinnacle Holdings, Inc.(1) 300 16,200
Polycom, Inc.(1) 50 4,705
Proxim, Inc.(1) 50 4,948
Tekelec(1) 400 19,275
------------------------------------------------------------
$ 71,356
------------------------------------------------------------
<CAPTION>
SECURITY SHARES VALUE
<S> <C> <C>
------------------------------------------------------------
Computer Services -- 0.3%
------------------------------------------------------------
Profit Recovery Group International,
Inc.(1) 200 $ 3,325
------------------------------------------------------------
$ 3,325
------------------------------------------------------------
Computer Software -- 14.7%
------------------------------------------------------------
Accrue Software, Inc.(1) 400 $ 14,200
Bluestone Software, Inc.(1) 300 7,706
Breakaway Solutions, Inc.(1) 150 4,050
Exchange Applications, Inc.(1) 600 15,975
HNC Software, Inc.(1) 150 9,262
Interwoven, Inc.(1) 200 21,997
NetIQ Corp.(1) 300 17,887
Numerical Technologies, Inc.(1) 300 14,587
Razorfish, Inc.(1) 300 4,819
Remedy Corp.(1) 300 16,725
SERENA Software, Inc.(1) 400 18,163
WatchGuard Technologies, Inc.(1) 200 10,987
------------------------------------------------------------
$ 156,358
------------------------------------------------------------
Distribution -- 1.5%
------------------------------------------------------------
United Stationers(1) 500 $ 16,187
------------------------------------------------------------
$ 16,187
------------------------------------------------------------
Drugs -- 2.5%
------------------------------------------------------------
United Therapeutics(1) 100 $ 10,837
Vertex Pharmaceuticals, Inc.(1) 150 15,806
------------------------------------------------------------
$ 26,643
------------------------------------------------------------
Education -- 2.5%
------------------------------------------------------------
Apollo Group, Inc.(1) 325 $ 9,100
Career Education Corp.(1) 150 7,275
Devry, Inc.(1) 400 10,575
------------------------------------------------------------
$ 26,950
------------------------------------------------------------
Electronics - Semiconductors -- 5.9%
------------------------------------------------------------
Cognex Corp.(1) 100 $ 5,175
Dupont Photomasks, Inc.(1) 150 10,275
Elantec Semiconductor, Inc.(1) 150 10,444
Exar Corp.(1) 200 17,437
Microchip Technology, Inc.(1) 150 8,740
TelCom Semiconductor, Inc. 100 4,037
</TABLE>
SEE NOTES TO FINANCIAL STATEMENTS
8
<PAGE>
SMALL COMPANY GROWTH PORTFOLIO AS OF JUNE 30, 2000
PORTFOLIO OF INVESTMENTS (UNAUDITED) CONT'D
<TABLE>
<CAPTION>
SECURITY SHARES VALUE
<S> <C> <C>
------------------------------------------------------------
Electronics - Semiconductors (continued)
------------------------------------------------------------
Zoran Corp. 100 $ 6,594
------------------------------------------------------------
$ 62,702
------------------------------------------------------------
Electronics - Semiconductors and Related -- 1.2%
------------------------------------------------------------
Dallas Semiconductor Corp. 300 $ 12,225
------------------------------------------------------------
$ 12,225
------------------------------------------------------------
Entertainment -- 1.1%
------------------------------------------------------------
Speedway Motorsports, Inc.(1) 500 $ 11,500
------------------------------------------------------------
$ 11,500
------------------------------------------------------------
Health Care Services -- 1.3%
------------------------------------------------------------
Resmed, Inc.(1) 500 $ 13,375
------------------------------------------------------------
$ 13,375
------------------------------------------------------------
Health Services -- 3.2%
------------------------------------------------------------
Accredo Health Inc. 200 $ 6,912
MedQuist, Inc.(1) 210 7,133
MiniMed, Inc.(1) 50 5,900
Province Healthcare Co.(1) 200 7,225
Renal Care Group, Inc.(1) 300 7,336
------------------------------------------------------------
$ 34,506
------------------------------------------------------------
Information Services -- 1.6%
------------------------------------------------------------
Acxiom Corp.(1) 200 $ 5,450
BISYS Group, Inc. (The)(1) 185 11,377
------------------------------------------------------------
$ 16,827
------------------------------------------------------------
Investment Services -- 1.5%
------------------------------------------------------------
National Discounts Brokers Group,
Inc.(1) 200 $ 6,375
Waddell & Reed Financial, Inc., Class A 300 9,844
------------------------------------------------------------
$ 16,219
------------------------------------------------------------
Medical Products -- 3.1%
------------------------------------------------------------
Aspect Medical Systems, Inc.(1) 100 $ 2,700
Cytyc Corp.(1) 200 10,675
Novoste Corp.(1) 200 12,200
Thermo Cardiosystems, Inc.(1) 700 7,000
------------------------------------------------------------
$ 32,575
------------------------------------------------------------
<CAPTION>
SECURITY SHARES VALUE
<S> <C> <C>
------------------------------------------------------------
Miscellaneous -- 0.7%
------------------------------------------------------------
Gentex Corp.(1) 300 $ 7,538
------------------------------------------------------------
$ 7,538
------------------------------------------------------------
Oil and Gas - Exploration and Production -- 3.9%
------------------------------------------------------------
Cross Timbers Oil Co. 300 $ 6,638
Newfield Exploration Co.(1) 210 8,216
Noble Affiliates, Inc. 200 7,450
Nuevo Energy Co.(1) 300 5,663
Santa Fe Snyder Corp.(1) 102 1,160
Varco International, Inc.(1) 356 8,277
Vintage Petroleum, Inc. 200 4,513
------------------------------------------------------------
$ 41,917
------------------------------------------------------------
Publishing -- 0.8%
------------------------------------------------------------
Belo (A.H.) Corp. 500 $ 8,656
------------------------------------------------------------
$ 8,656
------------------------------------------------------------
Retail - Food and Drug -- 0.6%
------------------------------------------------------------
Sonic Corp.(1) 200 $ 5,875
------------------------------------------------------------
$ 5,875
------------------------------------------------------------
Retail - Specialty and Apparel -- 0.6%
------------------------------------------------------------
Hot Topic, Inc.(1) 200 $ 6,400
------------------------------------------------------------
$ 6,400
------------------------------------------------------------
Semiconductor Equipment -- 1.3%
------------------------------------------------------------
Pericom Semiconductor Corp.(1) 200 $ 13,600
------------------------------------------------------------
$ 13,600
------------------------------------------------------------
Semiconductors -- 1.8%
------------------------------------------------------------
Actel Corp.(1) 200 $ 9,125
QuickLogic Corp.(1) 450 10,013
------------------------------------------------------------
$ 19,138
------------------------------------------------------------
Software Services -- 11.0%
------------------------------------------------------------
Advent Software, Inc.(1) 250 $ 16,125
Allaire Corp.(1) 100 3,675
Broadbase Software, Inc.(1) 500 15,313
Calico Commerce, Inc.(1) 1,000 16,250
Corillian Corp.(1) 300 4,988
Cysive, Inc.(1) 200 4,775
</TABLE>
SEE NOTES TO FINANCIAL STATEMENTS
9
<PAGE>
SMALL COMPANY GROWTH PORTFOLIO AS OF JUNE 30, 2000
PORTFOLIO OF INVESTMENTS (UNAUDITED) CONT'D
<TABLE>
<CAPTION>
SECURITY SHARES VALUE
<S> <C> <C>
------------------------------------------------------------
Software Services (continued)
------------------------------------------------------------
Peregrine Systems, Inc.(1) 500 $ 17,344
Proxicom, Inc.(1) 300 14,363
SilverStream Software, Inc.(1) 100 5,775
SonicWALL, Inc.(1) 200 17,613
------------------------------------------------------------
$ 116,221
------------------------------------------------------------
Telecommunication Equipment -- 0.7%
------------------------------------------------------------
MCK Communications, Inc.(1) 300 $ 6,938
------------------------------------------------------------
$ 6,938
------------------------------------------------------------
Telecommunications Services -- 7.4%
------------------------------------------------------------
About.com, Inc.(1) 100 $ 3,150
Adelphia Business Solutions, Inc.(1) 200 4,638
Celeritek, Inc.(1) 100 4,081
Digimarc Corp.(1) 200 7,700
iBasis, Inc.(1) 200 8,613
Internet.com Corp.(1) 800 15,750
Media Metrix, Inc.(1) 200 5,088
MGC Communications, Inc.(1) 200 11,988
Predictive Systems, Inc.(1) 400 14,375
RSL Communications Ltd.(1) 300 3,431
------------------------------------------------------------
$ 78,814
------------------------------------------------------------
Total Common Stocks
(identified cost $740,741) $ 969,184
------------------------------------------------------------
Other Assets, Less Liabilities -- 8.7% $ 92,658
------------------------------------------------------------
Net Assets -- 100.0% $1,061,842
------------------------------------------------------------
</TABLE>
(1) Non-income producing security.
SEE NOTES TO FINANCIAL STATEMENTS
10
<PAGE>
SMALL COMPANY GROWTH PORTFOLIO AS OF JUNE 30, 2000
FINANCIAL STATEMENTS (UNAUDITED) CONT'D
STATEMENT OF ASSETS AND LIABILITIES
<TABLE>
<CAPTION>
AS OF JUNE 30, 2000
<S> <C>
Assets
--------------------------------------------------------------------------------------------
Investments, at value (identified cost, $740,741) $ 969,184
Cash 87,651
Receivable for investments sold 32,487
Dividends receivable 9
--------------------------------------------------------------------------------------------
TOTAL ASSETS $1,089,331
--------------------------------------------------------------------------------------------
Liabilities
--------------------------------------------------------------------------------------------
Payable for investments purchased $ 24,316
Accrued expenses 3,173
--------------------------------------------------------------------------------------------
TOTAL LIABILITIES $ 27,489
--------------------------------------------------------------------------------------------
NET ASSETS APPLICABLE TO INVESTORS' INTEREST IN PORTFOLIO $1,061,842
--------------------------------------------------------------------------------------------
Sources of Net Assets
--------------------------------------------------------------------------------------------
Net proceeds from capital contributions and withdrawals $ 833,399
Net unrealized appreciation (computed on the basis of identified cost) 228,443
--------------------------------------------------------------------------------------------
TOTAL $1,061,842
--------------------------------------------------------------------------------------------
</TABLE>
STATEMENT OF OPERATIONS
<TABLE>
<CAPTION>
FOR THE PERIOD ENDED
JUNE 30, 2000(1)
<S> <C>
Investment Income
--------------------------------------------------
Dividends $ 136
Interest 154
--------------------------------------------------
TOTAL INVESTMENT INCOME $ 290
--------------------------------------------------
Expenses
--------------------------------------------------
Investment adviser fee $ 1,132
Legal and accounting services 3,948
Custodian fee 3,983
--------------------------------------------------
TOTAL EXPENSES $ 9,063
--------------------------------------------------
Deduct --
Reduction of custodian fee $ 922
Reduction of investment adviser fee 1,132
Allocation of expenses to the
Investment Adviser 1,238
--------------------------------------------------
TOTAL EXPENSE REDUCTIONS $ 3,292
--------------------------------------------------
NET EXPENSES $ 5,771
--------------------------------------------------
NET INVESTMENT LOSS $ (5,481)
--------------------------------------------------
Realized and Unrealized Gain (Loss)
--------------------------------------------------
Net realized gain (loss) --
Investment transactions (identified
cost basis) $ 9,093
--------------------------------------------------
NET REALIZED GAIN $ 9,093
--------------------------------------------------
Change in unrealized appreciation
(depreciation) --
Investments (identified cost basis) $106,913
--------------------------------------------------
NET CHANGE IN UNREALIZED
APPRECIATION (DEPRECIATION) $106,913
--------------------------------------------------
NET REALIZED AND UNREALIZED GAIN $116,006
--------------------------------------------------
NET INCREASE IN NET ASSETS FROM
OPERATIONS $110,525
--------------------------------------------------
</TABLE>
(1) For the period from the start of business, May 1, 2000, to
June 30, 2000.
SEE NOTES TO FINANCIAL STATEMENTS
11
<PAGE>
SMALL COMPANY GROWTH PORTFOLIO AS OF JUNE 30, 2000
FINANCIAL STATEMENTS CONT'D
STATEMENT OF CHANGES IN NET ASSETS
<TABLE>
<CAPTION>
PERIOD ENDED
INCREASE (DECREASE) JUNE 30, 2000
IN NET ASSETS (UNAUDITED)(1)
<S> <C>
--------------------------------------------------------
From operations --
Net investment loss $ (5,481)
Net realized gain 9,093
Net change in unrealized appreciation
(depreciation) 106,913
--------------------------------------------------------
NET INCREASE IN NET ASSETS FROM
OPERATIONS $ 110,525
--------------------------------------------------------
Capital transactions --
Net assets contributed by Eaton Vance
Small Company Growth Fund $ 949,249
Contributions 192,108
Withdrawals (190,040)
--------------------------------------------------------
NET INCREASE IN NET ASSETS FROM
CAPITAL TRANSACTIONS $ 951,317
--------------------------------------------------------
NET INCREASE IN NET ASSETS $ 1,061,842
--------------------------------------------------------
Net Assets
--------------------------------------------------------
At beginning of period $ --
--------------------------------------------------------
AT END OF PERIOD $ 1,061,842
--------------------------------------------------------
</TABLE>
(1) For the period from the start of business, May 1, 2000, to
June 30, 2000.
SEE NOTES TO FINANCIAL STATEMENTS
12
<PAGE>
SMALL COMPANY GROWTH PORTFOLIO AS OF JUNE 30, 2000
FINANCIAL STATEMENTS CONT'D
SUPPLEMENTARY DATA
<TABLE>
<CAPTION>
PERIOD ENDED
JUNE 30, 2000
(UNAUDITED)(1)
<S> <C>
----------------------------------------------
Ratios/Supplemental Data+
----------------------------------------------
Ratios (As a percentage of
average daily net assets):
Net expenses 4.59%(2)
Net expenses after
custodian fee reduction 3.96%(2)
Net investment loss (3.76)%(2)
Portfolio Turnover 58%
----------------------------------------------
NET ASSETS, END OF PERIOD
(000'S OMITTED) $1,062
----------------------------------------------
+ The operating expenses of the Portfolio may
reflect a reduction of the investment
adviser fee, an allocation of expenses to
the Investment Adviser, or both. Had such
actions not been taken, the ratios would
have been as follows:
Ratios (As a percentage of
average daily net assets):
Expenses 6.21%(2)
Expenses after custodian
fee reduction 5.58%(2)
Net investment loss (5.38)%(2)
----------------------------------------------
</TABLE>
(1) For the period from the start of business May 1, 2000 to June 30, 2000.
(2) Annualized.
SEE NOTES TO FINANCIAL STATEMENTS
13
<PAGE>
SMALL COMPANY GROWTH PORTFOLIO AS OF JUNE 30, 2000
NOTES TO FINANCIAL STATEMENTS (UNAUDITED)
1 Significant Accounting Policies
-------------------------------------------
Small Company Growth Portfolio (the Portfolio) is registered under the
Investment Company Act of 1940, as amended, as a diversified, open-end
management investment company. The Portfolio, which was organized as a trust
under the laws of the State of New York on February 28, 2000, seeks long-term
capital appreciation by investing in publicly traded stocks of small
companies that are expected to achieve earnings growth over the long-term
that substantially exceeds the average of all publicly traded companies in
the United States. The Declaration of Trust permits the Trustees to issue
interests in the Portfolio. Investment operations began on May 1, 2000 with
the acquisition of net assets of Eaton Vance Small Company Growth Fund of
$949,249, in exchange for an interest in the Portfolio, including unrealized
appreciation of $121,530. The following is a summary of the significant
accounting policies of the Portfolio. The policies are in conformity with
generally accepted accounting principles.
A Investment Valuations -- Securities listed on foreign or U.S. securities
exchanges or in the NASDAQ National Market System generally are valued at
closing sale prices or, if there were no sales, at the mean between the
closing bid and asked prices on the exchange where such securities are
principally traded on such National Market System. Unlisted or listed
securities for which closing sale prices are not available are valued at the
mean between the latest bid and asked prices on the principal market where
the security was traded. An option is valued at the last sale price as quoted
on the principal exchange or board of trade on which such option or contract
is traded or, in the absence of a sale, at the mean between the last bid and
asked prices. Futures positions on securities or currencies are generally
valued at closing settlement prices. Short-term debt securities with a
remaining maturity of 60 days or less are valued at amortized cost. Other
fixed income and debt securities, including listed securities and securities
for which price quotations are available, will normally be valued on the
basis of valuations furnished by a pricing service. Investments for which
valuations or market quotations are unavailable are valued at fair value
using methods determined in good faith by or at the direction of the
Trustees.
B Income -- Interest income is determined on the basis of interest accrued,
adjusted for amortization of premium or accretion of discount when required
for federal income tax purposes. Dividend income is recorded on the ex-
dividend date for dividends received in cash and/or securities. However, if
the ex-dividend date has passed, certain dividends from foreign securities
are recorded as the Portfolio is informed of the ex-dividend date. Dividend
income may include dividends that represent returns of capital for federal
income tax purposes.
C Federal Taxes -- The Portfolio is treated as a partnership for federal tax
purposes. No provision is made by the Portfolio for federal or state taxes on
any taxable income of the Portfolio because each investor in the Portfolio is
individually responsible for the payment of any taxes on its share of such
income. Since one of the Portfolio's investors is a regulated investment
company that invests all or substantially all of its assets in the Portfolio,
the Portfolio normally must satisfy the applicable source of income and
diversification requirements (under the Internal Revenue Code), in order for
its investors to satisfy them. The Portfolio will allocate at least annually
among its investors each investor's distributive share of the Portfolio's net
investment income, net realized capital gains, and any other items of income,
gain, loss, deduction or credit. Withholding taxes on foreign dividends and
capital gains have been provided for in accordance with the Portfolio's
understanding of the applicable countries' tax rules and rates.
D Expense Reduction -- Investors Bank & Trust Company (IBT) serves as custodian
of the Portfolio. Pursuant to the custodian agreement, IBT receives a fee
reduced by credits which are determined based on the average daily cash
balance the Portfolio maintains with IBT. All significant credit balances
used to reduce the Portfolio's custodian fees are reported as a reduction of
total expenses in the Statement of Operations. For the period from May 1,
2000 (commencement of operations) to June 30, 2000, $922 credit balances were
used to reduce the Portfolio's custodian fee.
E Other -- Investment transactions are accounted for on a trade date basis.
Realized gains and losses are computed based on the specific identification
of the securities sold.
F Use of Estimates -- The preparation of the financial statements in conformity
with generally accepted accounting principles requires management to make
estimates and assumptions that affect the reported amounts of assets and
liabilities at the date of the financial statements and the reported amounts
of income and expense during the reporting period. Actual results could
differ from those estimates.
G Interim Financial Statements -- The interim financial statements relating to
June 30, 2000 and for the period then ended have not been audited by
independent
14
<PAGE>
SMALL COMPANY GROWTH PORTFOLIO AS OF JUNE 30, 2000
NOTES TO FINANCIAL STATEMENTS (UNAUDITED) CONT'D
certified public accountants, but in the opinion of the Portfolio's
management reflect all adjustments, consisting only of normal recurring
adjustments, necessary for the fair presentation of the financial statements.
2 Investment Adviser Fee and Other Transactions with Affiliates
-------------------------------------------
The investment adviser fee is earned by Boston Management and Research (BMR),
a wholly-owned subsidiary of Eaton Vance Management (EVM), as compensation
for management and investment advisory services rendered to the Portfolio.
Pursuant to the advisory agreement, BMR receives a monthly fee at the annual
rate of 0.75% of the Portfolio's average daily net assets up to $500 million
and at reduced rates as daily net assets exceed that level. For the period
from May 1, 2000 (commencement of operations) to June 30, 2000, the fee
amounted to $1,132. To reduce net operating loss of the Portfolio, EVM
reduced the investment adviser fee by $1,132. In addition, EVM was allocated
$1,238 of the Portfolio's operating expenses. Except as to the Trustees of
the Portfolio, who are not members of EVM's or BMR's organization, officers
and Trustees receive remuneration for their services to the Portfolio out of
such investment adviser fee. Certain officers and Trustees of the Portfolio
are officers of the above organizations. Trustees of the Portfolio that are
not affiliated with the investment adviser may elect to defer receipt of all
or a percentage of their annual fees in accordance with the terms of the
Trustees Deferred Compensation Plan. For the period ended June 30, 2000, no
significant amounts have been deferred.
3 Investment Transactions
-------------------------------------------
Purchases and sales of investments, other than short-term obligations,
aggregated $493,938 and $498,459, respectively, for the period from May 1,
2000 (commencement of operations) to June 30, 2000.
4 Federal Income Tax Basis of Investments
-------------------------------------------
The cost and unrealized appreciation (depreciation) in value of the
investments owned at June 30, 2000 as computed on a federal income tax basis,
were as follows:
<TABLE>
<S> <C>
AGGREGATE COST $740,741
--------------------------------------------------
Gross unrealized appreciation $254,859
Gross unrealized depreciation (26,416)
--------------------------------------------------
NET UNREALIZED APPRECIATION $228,443
--------------------------------------------------
</TABLE>
5 Line of Credit
-------------------------------------------
The Portfolio participates with other portfolios and funds managed by BMR and
EVM and its affiliates in a $150 million unsecured line of credit agreement
with a group of banks. Borrowings will be made by the Portfolio solely to
facilitate the handling of unusual and/or unanticipated short-term cash
requirements. Interest is charged to each participating portfolio or fund
based on its borrowings at an amount above either the eurodollar rate or
federal funds rate. In addition, a fee computed at an annual rate of 0.10% on
the daily unused portion of the line of credit is allocated among the
participating portfolios and funds at the end of each quarter. The Portfolio
did not have any significant borrowings or allocated fees during the period
ended June 30, 2000.
15
<PAGE>
EATON VANCE SMALL COMPANY GROWTH FUND AS OF JUNE 30, 2000
INVESTMENT MANAGEMENT
SMALL COMPANY GROWTH PORTFOLIO
Officers
James B. Hawkes
President and Trustee
Edward E. Smiley, Jr.
Vice President and
Portfolio Manager
James L. O'Connor
Treasurer
Alan R. Dynner
Secretary
Trustees
Jessica M. Bibliowicz
President and Chief Executive Officer,
National Financial Partners
Donald R. Dwight
President, Dwight Partners, Inc.
Samuel L. Hayes, III
Jacob H. Schiff Professor of Investment
Banking Emeritus, Harvard University
Graduate School of Business Administration
Norton H. Reamer
Chairman of the Board,
United Asset Management Corporation
Lynn A. Stout
Professor of Law,
Georgetown University Law Center
Jack L. Treynor
Investment Adviser and Consultant
16
