<PAGE>
GROWTH & INCOME PORTFOLIO AS OF JUNE 30, 2000
PORTFOLIO OF INVESTMENTS (UNAUDITED)
COMMON STOCKS -- 97.7%
<TABLE>
<CAPTION>
SECURITY SHARES VALUE
<S> <C> <C>
-----------------------------------------------------------------------
Auto Parts and Equipment -- 2.5%
-----------------------------------------------------------------------
Delphi Automotive Systems Corp. 155,000 $ 2,257,187
Tower Automotive, Inc.(1) 130,000 1,625,000
-----------------------------------------------------------------------
$ 3,882,187
-----------------------------------------------------------------------
Banks -- 8.7%
-----------------------------------------------------------------------
Bank of America Corp. 36,000 $ 1,548,000
Chase Manhattan Corp. (The) 75,000 3,454,687
Firstar Corp. 110,000 2,316,875
FleetBoston Financial Corp. 45,000 1,530,000
Mellon Financial Corp. 85,000 3,097,187
Wells Fargo & Co. 50,000 1,937,500
-----------------------------------------------------------------------
$ 13,884,249
-----------------------------------------------------------------------
Beverages -- 1.2%
-----------------------------------------------------------------------
Anheuser-Busch Cos., Inc. 25,000 $ 1,867,187
-----------------------------------------------------------------------
$ 1,867,187
-----------------------------------------------------------------------
Chemicals -- 3.2%
-----------------------------------------------------------------------
Air Products and Chemicals, Inc. 24,000 $ 739,500
Dow Chemical Co. (The) 60,000 1,811,250
Rohm and Haas Co. 75,000 2,587,500
-----------------------------------------------------------------------
$ 5,138,250
-----------------------------------------------------------------------
Communications Equipment -- 2.5%
-----------------------------------------------------------------------
ALLTEL Corp. 65,000 $ 4,025,937
-----------------------------------------------------------------------
$ 4,025,937
-----------------------------------------------------------------------
Communications Services -- 2.0%
-----------------------------------------------------------------------
GTE Corp. 50,000 $ 3,112,500
-----------------------------------------------------------------------
$ 3,112,500
-----------------------------------------------------------------------
Computers and Business Equipment -- 2.4%
-----------------------------------------------------------------------
International Business Machines Corp. 35,000 $ 3,834,687
-----------------------------------------------------------------------
$ 3,834,687
-----------------------------------------------------------------------
Consumer Non-Durables -- 2.7%
-----------------------------------------------------------------------
Kimberly-Clark Corp. 75,000 $ 4,303,125
-----------------------------------------------------------------------
$ 4,303,125
-----------------------------------------------------------------------
<CAPTION>
SECURITY SHARES VALUE
<S> <C> <C>
-----------------------------------------------------------------------
Diversified Manufacturing and Services -- 3.1%
-----------------------------------------------------------------------
Applied Power, Inc., Class A 35,000 $ 1,172,500
Honeywell International, Inc. 85,000 2,863,437
Pentair, Inc. 23,000 816,500
-----------------------------------------------------------------------
$ 4,852,437
-----------------------------------------------------------------------
Drugs -- 0.7%
-----------------------------------------------------------------------
American Home Products Corp. 19,000 $ 1,116,250
-----------------------------------------------------------------------
$ 1,116,250
-----------------------------------------------------------------------
Electric Utilities -- 3.0%
-----------------------------------------------------------------------
Duke Energy Corp. 30,000 $ 1,691,250
PECO Energy Co. 75,000 3,023,437
-----------------------------------------------------------------------
$ 4,714,687
-----------------------------------------------------------------------
Electronics - Semiconductors and Related -- 1.3%
-----------------------------------------------------------------------
Dallas Semiconductor Corp. 50,000 $ 2,037,500
-----------------------------------------------------------------------
$ 2,037,500
-----------------------------------------------------------------------
Entertainment and Leisure -- 0.8%
-----------------------------------------------------------------------
Carnival Corp. 67,000 $ 1,306,500
-----------------------------------------------------------------------
$ 1,306,500
-----------------------------------------------------------------------
Financial - Miscellaneous -- 4.6%
-----------------------------------------------------------------------
Associates First Capital Corp. 75,000 $ 1,673,438
Concord EFS, Inc.(1) 85,000 2,210,000
Federal National Mortgage Association 65,000 3,392,188
-----------------------------------------------------------------------
$ 7,275,626
-----------------------------------------------------------------------
Foods -- 4.5%
-----------------------------------------------------------------------
Dean Foods Co. 50,000 $ 1,584,375
Nabisco Holdings Corp., Class A 75,000 3,937,500
Sara Lee Corp. 85,000 1,641,563
-----------------------------------------------------------------------
$ 7,163,438
-----------------------------------------------------------------------
Industrial Equipment -- 0.6%
-----------------------------------------------------------------------
Regal-Beloit Corp. 60,000 $ 963,750
-----------------------------------------------------------------------
$ 963,750
-----------------------------------------------------------------------
</TABLE>
SEE NOTES TO FINANCIAL STATEMENTS
11
<PAGE>
GROWTH & INCOME PORTFOLIO AS OF JUNE 30, 2000
PORTFOLIO OF INVESTMENTS (UNAUDITED) CONT'D
<TABLE>
<CAPTION>
SECURITY SHARES VALUE
<S> <C> <C>
-----------------------------------------------------------------------
Information Services -- 1.5%
-----------------------------------------------------------------------
Automatic Data Processing, Inc. 45,000 $ 2,410,313
-----------------------------------------------------------------------
$ 2,410,313
-----------------------------------------------------------------------
Insurance -- 4.5%
-----------------------------------------------------------------------
Marsh & McLennan Cos., Inc. 8,000 $ 835,500
MetLife, Inc.(1) 175,000 3,685,938
XL Capital Ltd. 47,000 2,543,875
-----------------------------------------------------------------------
$ 7,065,313
-----------------------------------------------------------------------
Investment Services -- 2.5%
-----------------------------------------------------------------------
Merrill Lynch & Co., Inc. 35,000 $ 4,025,000
-----------------------------------------------------------------------
$ 4,025,000
-----------------------------------------------------------------------
Medical Products -- 8.2%
-----------------------------------------------------------------------
Abbott Laboratories 100,000 $ 4,456,250
Bard (C.R.), Inc. 80,000 3,850,000
Johnson & Johnson Co. 47,000 4,788,125
-----------------------------------------------------------------------
$ 13,094,375
-----------------------------------------------------------------------
Metals - Industrial -- 1.6%
-----------------------------------------------------------------------
Alcan Aluminum Ltd. 80,000 $ 2,480,000
-----------------------------------------------------------------------
$ 2,480,000
-----------------------------------------------------------------------
Oil and Gas - Equipment and Services -- 1.6%
-----------------------------------------------------------------------
Halliburton Co. 55,000 $ 2,595,313
-----------------------------------------------------------------------
$ 2,595,313
-----------------------------------------------------------------------
Oil and Gas - Exploration and Production -- 5.8%
-----------------------------------------------------------------------
Apache Corp. 70,000 $ 4,116,875
Devon Energy Corp. 60,000 3,371,250
El Paso Energy Corp. 35,000 1,782,813
-----------------------------------------------------------------------
$ 9,270,938
-----------------------------------------------------------------------
Oil and Gas - Integrated -- 5.1%
-----------------------------------------------------------------------
BP Amoco PLC, ADR 75,000 $ 4,242,188
Conoco, Inc., Class A 175,000 3,850,000
-----------------------------------------------------------------------
$ 8,092,188
-----------------------------------------------------------------------
<CAPTION>
SECURITY SHARES VALUE
<S> <C> <C>
-----------------------------------------------------------------------
Paper and Forest Products -- 2.2%
-----------------------------------------------------------------------
Mead Corp. (The) 70,000 $ 1,767,500
Willamette Industries, Inc. 65,000 1,771,250
-----------------------------------------------------------------------
$ 3,538,750
-----------------------------------------------------------------------
Printing and Business Products -- 1.2%
-----------------------------------------------------------------------
Valassis Communications, Inc.(1) 50,000 $ 1,906,250
-----------------------------------------------------------------------
$ 1,906,250
-----------------------------------------------------------------------
Publishing -- 5.0%
-----------------------------------------------------------------------
McGraw-Hill Cos., Inc. (The) 75,000 $ 4,050,000
New York Times Co. (The), Class A 100,000 3,950,000
-----------------------------------------------------------------------
$ 8,000,000
-----------------------------------------------------------------------
REITS -- 1.8%
-----------------------------------------------------------------------
Duke-Weeks Realty Corp. 125,000 $ 2,796,875
-----------------------------------------------------------------------
$ 2,796,875
-----------------------------------------------------------------------
Retail - Food and Drug -- 3.0%
-----------------------------------------------------------------------
CVS Corp. 55,000 $ 2,200,000
Safeway, Inc.(1) 55,000 2,481,875
-----------------------------------------------------------------------
$ 4,681,875
-----------------------------------------------------------------------
Retail - Specialty and Apparel -- 3.2%
-----------------------------------------------------------------------
Gap, Inc. (The) 25,000 $ 781,250
Haverty Furniture Cos., Inc. 100,000 850,000
TJX Companies, Inc. (The) 185,000 3,468,750
-----------------------------------------------------------------------
$ 5,100,000
-----------------------------------------------------------------------
Specialty Chemicals and Materials -- 1.6%
-----------------------------------------------------------------------
Bemis Co., Inc. 75,000 $ 2,521,875
-----------------------------------------------------------------------
$ 2,521,875
-----------------------------------------------------------------------
Telephone Utilities -- 3.2%
-----------------------------------------------------------------------
BellSouth Corp. 80,000 $ 3,410,000
SBC Communications, Inc. 40,000 1,730,000
-----------------------------------------------------------------------
$ 5,140,000
-----------------------------------------------------------------------
Transportation -- 1.9%
-----------------------------------------------------------------------
CNF Transportation, Inc. 100,000 $ 2,275,000
</TABLE>
SEE NOTES TO FINANCIAL STATEMENTS
12
<PAGE>
GROWTH & INCOME PORTFOLIO AS OF JUNE 30, 2000
PORTFOLIO OF INVESTMENTS (UNAUDITED) CONT'D
<TABLE>
<CAPTION>
SECURITY SHARES VALUE
<S> <C> <C>
-----------------------------------------------------------------------
Transportation (continued)
-----------------------------------------------------------------------
Union Pacific Corp. 21,000 $ 780,938
-----------------------------------------------------------------------
$ 3,055,938
-----------------------------------------------------------------------
Total Common Stocks
(identified cost $141,339,764) $155,253,313
-----------------------------------------------------------------------
</TABLE>
CORPORATE BONDS -- 0.0%
<TABLE>
<CAPTION>
PRINCIPAL
AMOUNT
SECURITY (000'S OMITTED) VALUE
<S> <C> <C>
-----------------------------------------------------------------------
H. P. Hood & Son, 7.50%, 2/1/01(2) $ 50 $ 46,900
-----------------------------------------------------------------------
Total Corporate Bonds
(identified cost, $50,000) $ 46,900
-----------------------------------------------------------------------
</TABLE>
COMMERCIAL PAPER -- 3.4%
<TABLE>
<CAPTION>
PRINCIPAL
AMOUNT
SECURITY (000'S OMITTED) VALUE
<S> <C> <C>
-----------------------------------------------------------------------
Associates Corp. of North America,
6.89%, 7/3/00 $ 5,365 $ 5,362,946
-----------------------------------------------------------------------
Total Commercial Paper
(at amortized cost, $5,362,946) $ 5,362,946
-----------------------------------------------------------------------
Total Investments -- 101.1%
(identified cost $146,752,710) $160,663,159
-----------------------------------------------------------------------
Other Assets, Less Liabilities -- (1.1)% $ (1,764,245)
-----------------------------------------------------------------------
Net Assets -- 100.0% $158,898,914
-----------------------------------------------------------------------
</TABLE>
ADR-American Depositary Receipt
REIT-Real Estate Investment Trust
(1) Non-income producing security.
(2) Security valued at fair value using methods determined in good faith by
or at the direction of the Trustees.
SEE NOTES TO FINANCIAL STATEMENTS
13
<PAGE>
GROWTH & INCOME PORTFOLIO AS OF JUNE 30, 2000
FINANCIAL STATEMENTS (UNAUDITED)
STATEMENT OF ASSETS AND LIABILITIES
<TABLE>
<CAPTION>
AS OF JUNE 30, 2000
<S> <C>
Assets
------------------------------------------------------
Investments, at value (identified cost,
$146,752,710) $160,663,159
Cash 3,601
Interest and dividends receivable 207,166
------------------------------------------------------
TOTAL ASSETS $160,873,926
------------------------------------------------------
Liabilities
------------------------------------------------------
Payable for investments purchased $ 1,952,635
Payable to affiliate for Trustees' fees 3,742
Accrued expenses 18,635
------------------------------------------------------
TOTAL LIABILITIES $ 1,975,012
------------------------------------------------------
NET ASSETS APPLICABLE TO INVESTORS'
INTEREST IN PORTFOLIO $158,898,914
------------------------------------------------------
Sources of Net Assets
------------------------------------------------------
Net proceeds from capital contributions
and withdrawals $144,988,465
Net unrealized appreciation (computed on
the basis of identified cost) 13,910,449
------------------------------------------------------
TOTAL $158,898,914
------------------------------------------------------
</TABLE>
STATEMENT OF OPERATIONS
<TABLE>
<CAPTION>
FOR THE SIX MONTHS ENDED
JUNE 30, 2000
<S> <C>
Investment Income
------------------------------------------------------
Dividends (net of foreign taxes, $1,800) $ 1,554,172
Interest 118,660
------------------------------------------------------
TOTAL INVESTMENT INCOME $ 1,672,832
------------------------------------------------------
Expenses
------------------------------------------------------
Investment adviser fee $ 506,191
Trustees fees and expenses 7,055
Custodian fee 62,834
Legal and accounting services 16,913
Miscellaneous 1,437
------------------------------------------------------
TOTAL EXPENSES $ 594,430
------------------------------------------------------
NET INVESTMENT INCOME $ 1,078,402
------------------------------------------------------
Realized and Unrealized Gain (Loss)
------------------------------------------------------
Net realized gain (loss) --
Investment transactions (identified
cost basis) $ 10,400,465
------------------------------------------------------
NET REALIZED GAIN $ 10,400,465
------------------------------------------------------
Change in unrealized appreciation
(depreciation) --
Investments (identified cost basis) $(15,409,131)
------------------------------------------------------
NET CHANGE IN UNREALIZED APPRECIATION
(DEPRECIATION) $(15,409,131)
------------------------------------------------------
NET REALIZED AND UNREALIZED LOSS $ (5,008,666)
------------------------------------------------------
NET DECREASE IN NET ASSETS FROM
OPERATIONS $ (3,930,264)
------------------------------------------------------
</TABLE>
SEE NOTES TO FINANCIAL STATEMENTS
14
<PAGE>
GROWTH & INCOME PORTFOLIO AS OF JUNE 30, 2000
FINANCIAL STATEMENTS (UNAUDITED) CONT'D
STATEMENTS OF CHANGES IN NET ASSETS
<TABLE>
<CAPTION>
SIX MONTHS ENDED
JUNE 30, 2000 YEAR ENDED
INCREASE (DECREASE) IN NET ASSETS (UNAUDITED) DECEMBER 31, 1999
<S> <C> <C>
-----------------------------------------------------------------------------
From operations --
Net investment income $ 1,078,402 $ 1,771,211
Net realized gain 10,400,465 30,011,809
Net change in unrealized appreciation
(depreciation) (15,409,131) (25,613,190)
-----------------------------------------------------------------------------
NET INCREASE (DECREASE) IN NET ASSETS
FROM OPERATIONS $ (3,930,264) $ 6,169,830
-----------------------------------------------------------------------------
Capital transactions --
Contributions $ 10,463,267 $ 27,839,161
Withdrawals (24,681,535) (28,078,305)
-----------------------------------------------------------------------------
NET DECREASE IN NET ASSETS FROM CAPITAL
TRANSACTIONS $ (14,218,268) $ (239,144)
-----------------------------------------------------------------------------
NET INCREASE (DECREASE) IN NET ASSETS $ (18,148,532) $ 5,930,686
-----------------------------------------------------------------------------
Net Assets
-----------------------------------------------------------------------------
At beginning of period $ 177,047,446 $ 171,116,760
-----------------------------------------------------------------------------
AT END OF PERIOD $ 158,898,914 $ 177,047,446
-----------------------------------------------------------------------------
</TABLE>
SEE NOTES TO FINANCIAL STATEMENTS
15
<PAGE>
GROWTH & INCOME PORTFOLIO AS OF JUNE 30, 2000
FINANCIAL STATEMENTS CONT'D
SUPPLEMENTARY DATA
<TABLE>
<CAPTION>
SIX MONTHS ENDED YEAR ENDED DECEMBER 31,
JUNE 30, 2000 --------------------------------------------------------
(UNAUDITED) 1999 1998 1997 1996 1995
<S> <C> <C> <C> <C> <C> <C>
--------------------------------------------------------------------------------------------------------------
Ratios/Supplementary Data
--------------------------------------------------------------------------------------------------------------
Ratios (As a percentage of
average daily net assets):
Expenses 0.74%(1) 0.71% 0.72% 0.73% 0.73% 0.75%
Net investment income 1.34%(1) 0.99% 0.95% 1.37% 1.96% 2.30%
Portfolio Turnover 91% 126% 95% 93% 114% 108%
--------------------------------------------------------------------------------------------------------------
NET ASSETS, END OF PERIOD
(000'S OMITTED) $158,899 $177,047 $171,117 $143,348 $122,963 $107,717
--------------------------------------------------------------------------------------------------------------
</TABLE>
(1) Annualized.
SEE NOTES TO FINANCIAL STATEMENTS
16
<PAGE>
GROWTH & INCOME PORTFOLIO AS OF JUNE 30, 2000
NOTES TO FINANCIAL STATEMENTS (UNAUDITED)
1 Significant Accounting Policies
-------------------------------------------
Growth & Income Portfolio (the Portfolio) is registered under the Investment
Company Act of 1940, as amended, as a diversified open-end investment
company. The Portfolio, which was organized as a trust under the laws of the
State of New York on May 1, 1992, seeks to achieve growth of principal and
income by investing primarily in common stocks of companies that appear to
offer good prospects for increases in both earnings and dividends. The
Declaration of Trust permits the Trustees to issue beneficial interests in
the Portfolio. The following is a summary of significant accounting policies
of the Portfolio. The policies are in conformity with generally accepted
accounting principles.
A Investment Valuation -- 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 or 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 available 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. If securities were acquired with a remaining maturity of more
than 60 days, their amortized cost value will be based on their value on the
sixty-first day prior to maturity. 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. Securities for which market quotations are unavailable,
including any security the disposition of which is restricted under the
Securities Act of 1933, and other assets will be appraised at their fair
value as 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 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 Income Taxes -- The Portfolio has elected to be treated as a partnership for
United States 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 ultimately responsible for the payment of any
taxes. 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
to the Portfolio. Pursuant to the respective custodian agreements, IBT
receives a fee reduced by credits which are determined based on the average
daily cash balances the Portfolio maintains with IBT. All significant credit
balances used to reduce the Portfolio's custodian fees are reported as a
reduction of expenses on the Statement of Operations. For the six months
ended June 30, 2000, $547 in 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 six months then ended have not been audited by
independent certified public accountants, but in the
17
<PAGE>
GROWTH & INCOME PORTFOLIO AS OF JUNE 30, 2000
NOTES TO FINANCIAL STATEMENTS (UNAUDITED) CONT'D
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.
The fee is at the annual rate of 5/8 of 1%, representing 0.625% (annualized)
of average daily net assets. For the six months ended June 30, 2000, the fee
amounted to $506,191. Except as to 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 portion of
their annual fees in accordance with the terms of the Trustees Deferred
Compensation Plan. For the six months ended June 30, 2000, no significant
amounts have been deferred.
3 Investment Transactions
-------------------------------------------
Purchases and sales of investments, other than short-term obligations,
aggregated $145,502,821 and $161,401,409, respectively, for the six months
ended 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 $146,752,710
------------------------------------------------------
Gross unrealized appreciation $ 21,659,194
Gross unrealized depreciation (7,748,745)
------------------------------------------------------
NET UNREALIZED APPRECIATION $ 13,910,449
------------------------------------------------------
</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 six
months ended June 30, 2000.
18
<PAGE>
EATON VANCE GROWTH & INCOME FUND AS OF JUNE 30, 2000
INVESTMENT MANAGEMENT
GROWTH & INCOME PORTFOLIO
Officers
James B. Hawkes
President and Trustee
Michael R. Mach
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
19
