COMPASS INCOME FUND
Summary of Investment Portfolio as at September 30, 2009
 
  Top Twenty-Five Holdings 
    Description % of
Net Asset Value
 
  1. Canadian Natural Resources Limited 4.5%  
  2. Fort Chicago Energy Partners L.P. 4.1%  
  3. Keyera Facilities Income Fund 3.9%  
  4. Westshore Terminals Income Fund 3.7%  
  5. AltaGas Income Trust 3.5%  
  6. Enerplus Resources Fund 3.2%  
  7. Northland Power Income Fund 3.2%  
  8. Primaris Retail Real Estate Investment Trust 3.1%  
  9. Calloway Real Estate Investment Trust 3.1%  
  10. Cominar Real Estate Investment Trust 3.1%  
  11. Labrador Iron Ore Royalty Income Fund 3.0%  
  12. Davis + Henderson Income Fund 3.0%  
  13. EPCOR Power L.P. 2.9%  
  14. TransCanada Corporation 2.7%  
  15. CML Healthcare Income Fund 2.6%  
  16. Crescent Point Energy Corp. 2.5%  
  17. Boardwalk Real Estate Investment Trust 2.4%  
  18. Canadian Apartment Properties Real Estate Investment Trust 2.3%  
  19. Pembina Pipeline Income Fund 2.2%  
  20. Chartwell Seniors Housing Real Estate Investment Trust 2.2%  
  21. Cineplex Galaxy Income Fund 2.2%  
  22. BCE Inc. 2.2%  
  23. ARC Energy Trust 2.1%  
  24. RioCan Real Estate Investment Trust 2.1%  
  25. Canadian Oil Sands Trust 2.0%  
   "Twenty-Five Largest Holdings" excludes any temporary cash investments  
 
    Asset Class % of
Net Asset Value
 
   Power and Pipeline 24.4%  
   Oil and Gas 24.1%  
   Business Trusts 21.8%  
   Real Estate Investment Trusts 21.6%  
   Other 5.5%  
   Cash and Short Term Investments 2.9%  
   Other Assets (Liabilities) -0.3%  
  100% 
    Total Net Asset Value $121,398,958  
    Total Assets $124,187,214  
 The Summary of Investment Portfolio may change due to ongoing portfolio transactions.
Updates to this Summary of Investment Portfolio are posted to www.middlefield.com.