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Top 10 Holdings

as of December 31, 2007

Ticker	Security Description	Percentage of Market Value
ADM	ARCHER-DANIELS-MIDLAND	8.07%
FWLT	FOSTER WHEELER LTD	7.34%
AIG	AMERICAN INTERNATIONAL GROUP	7.09%
HON	HONEYWELL INTERNATIONAL	7.04%
TT	TRANE, INC.	6.79%
WMB	WILLIAMS COS	6.73%
KBR	KBR INC.	5.99%
DYN	DYNEGY INC.	5.20%
HPQ	HEWLETT-PACKARD	5.05%
LM	LEGG MASON	5.04%