The CCIF Investment Porfolio outperformed both the S&P 500 and the Dow during Q1 2012.

1. Crystal City Investors Forum
Q1 2012 Portfolio Performance

2. CCIF
Portfolio as of: 3/30/2012
52 Week Range YTD YTD YTD YTD
% Chg from Price Paid Price Change
Symbol Price Date Price PEG Ratio Low Hig P/E Yield Book Val Times BV 50-Day MA 50-Day MA Short Ratio Symbol (12/31/11) Price Change % Yield % Total Return
^GSPC S&P 500 30-Mar 1,408.47 - - - - - - - - - ^GSPC 1,258.00 150.47 12.0% 1.98% 13.9%
^DJI Dow Jones 30-Mar 13,212.04 - - - - - - - - - ^DJI 12,218.00 994.04 8.1% 2.47% 10.6%
CCIF Portfolio
AAPL Apple 30-Mar 599.55 0.70 310.5 621.45 17.06 - 96.60 6.21 553.80 8.26% 0.40 AAPL 405.00 194.55 48.0% 0.00% 48.0%
DFS Discover Card 30-Mar 33.34 0.80 20.51 34.43 7.58 1.20 16.66 2.00 30.99 7.59% 1.60 DFS 24.00 9.34 38.9% 1.20% 40.1%
VMW VM Ware (cloud computing) 30-Mar 112.37 1.76 74.69 113.76 66.89 - 11.26 9.98 102.91 9.19% 2.20 VMW 83.19 29.18 35.1% 0.00% 35.1%
PII Polaris (recreational vehicles) 30-Mar 72.15 1.14 43.56 73.96 22.55 2.10 7.31 9.87 68.14 5.88% 4.80 PII 55.98 16.17 28.9% 2.10% 31.0%
PRU Prudential Insurance 30-Mar 63.39 0.75 42.45 65.3 8.79 2.30 79.20 0.80 61.90 2.41% 2.00 PRU 50.12 13.27 26.5% 2.30% 28.8%
CLR Continental Resources 30-Mar 85.82 1.01 42.43 97.19 35.61 - 12.85 6.68 88.06 -2.54% 4.10 CLR 66.71 19.11 28.6% 0.00% 28.6%
LXP Lexington REIT 30-Mar 8.99 3.09 5.71 10.14 - 5.60 5.49 1.64 8.84 1.71% 11.20 LXP 7.49 1.50 20.0% 5.60% 25.6%
FCFS First Cash Financial 30-Mar 42.89 0.89 33.27 52.18 17.36 - 10.48 4.09 43.33 -1.00% 8.10 FCFS 35.09 7.80 22.2% 0.00% 22.2%
AGNC AGNC Mortgage REIT 30-Mar 29.54 - 22.03 31.17 5.88 16.90 27.71 1.07 30.00 -1.52% 0.50 AGNC 28.08 1.46 5.2% 16.90% 22.1%
HPT Hospitality Prop. REIT 30-Mar 26.47 1.62 19 26.71 20.36 6.80 19.50 1.36 25.39 4.26% 8.70 HPT 22.98 3.49 15.2% 6.80% 22.0%
CAT Caterpillar 30-Mar 106.52 0.46 67.54 116.95 14.39 1.70 19.90 5.35 111.50 -4.47% 2.00 CAT 90.60 15.92 17.6% 1.70% 19.3%
CMO Capstead Mtg REIT 30-Mar 13.11 2.67 10 13.95 7.49 13.10 12.55 1.04 13.37 -1.92% 3.30 CMO 12.44 0.67 5.4% 13.10% 18.5%
ABV Ambev (Brazilian bottler) 30-Mar 41.32 2.21 27.85 44.48 27.22 3.70 4.51 9.16 40.29 2.55% 4.10 ABV 36.09 5.23 14.5% 3.70% 18.2%
SLG SL Green REIT 30-Mar 77.55 4.15 52.41 90.01 10.59 1.30 65.34 1.19 76.69 1.13% 6.40 SLG 66.64 10.91 16.4% 1.30% 17.7%
SLV Silver ETF 30-Mar 31.38 - 25.65 48.35 - - - N/A 32.54 -3.57% - SLV 26.94 4.44 16.5% 0.00% 16.5%
WLL Whiting Petroleum 30-Mar 54.30 0.70 28.87 75.4 13.11 - 25.74 2.11 56.63 -4.11% 2.20 WLL 46.69 7.61 16.3% 0.00% 16.3%
EWZ Brazil ETF 30-Mar 64.66 - 49.25 80.23 - 3.42 - N/A 67.64 -4.41% - EWZ 57.39 7.27 12.7% 3.42% 16.1%
UTX United Technologies 30-Mar 82.94 1.25 66.87 91.83 15.11 2.30 24.12 3.44 83.70 -0.91% 2.30 UTX 73.09 9.85 13.5% 2.30% 15.8%
IBM Intl Bus. Machines 30-Mar 208.65 1.29 157.13 209.12 15.98 1.40 17.31 12.05 200.27 4.18% 3.40 IBM 183.88 24.77 13.5% 1.40% 14.9%
ORCL Oracle 30-Mar 29.16 1.03 24.72 36.5 15.28 0.80 8.61 3.39 29.34 -0.60% 0.80 ORCL 25.65 3.51 13.7% 0.80% 14.5%
WRE Washington REIT 30-Mar 29.70 15.39 25.45 34.54 18.81 5.80 12.96 2.29 29.75 -0.16% 11.40 WRE 27.35 2.35 8.6% 5.80% 14.4%
NLY Annaly Mtg. REIT 30-Mar 15.82 2.70 14.05 18.79 42.76 13.90 16.06 0.99 16.36 -3.30% 4.20 NLY 15.96 (0.14) -0.9% 13.90% 13.0%
VNO VNO REIT 30-Mar 84.20 5.69 68.39 98.77 26.04 3.30 31.37 2.68 83.19 1.22% 3.60 VNO 76.86 7.34 9.5% 3.30% 12.8%
EQR Equity Residential 30-Mar 62.62 2.19 48.46 63.86 20.99 2.20 18.38 3.41 59.08 5.99% 6.00 EQR 57.03 5.59 9.8% 2.20% 12.0%
AVB Avalon Bay 30-Mar 141.35 2.30 107.54 141.69 29.05 2.70 46.17 3.06 135.28 4.48% 9.60 AVB 130.60 10.75 8.2% 2.70% 10.9%
ETP Enterprise MLP 30-Mar 46.91 1.77 38.08 55.2 42.65 7.60 24.57 1.91 47.09 -0.39% 4.40 ETP 45.85 1.06 2.3% 7.60% 9.9%
BP British Petro 30-Mar 45.00 1.34 33.62 48.34 5.58 4.30 35.24 1.28 46.59 -3.41% 1.10 BP 42.74 2.26 5.3% 4.30% 9.6%
T ATT 30-Mar 31.23 1.71 27.29 31.97 46.96 5.60 17.81 1.75 30.93 0.97% 2.80 T 30.24 0.99 3.3% 5.60% 8.9%
CASY Casey Gen Stores 30-Mar 55.46 1.76 38.01 56.44 18.27 1.10 12.75 4.35 52.91 4.82% 9.30 CASY 51.51 3.95 7.7% 1.10% 8.8%
7.69
LXP-PD Lexington Preferred 30-Mar 24.55 - - - - - N/A - ∞% - LXP-PD 24.29 0.26 1.1% 7.69% 8.8%
7.76
SLG-PD SL Green Preferred 30-Mar 25.38 - - - - - N/A - ∞% - SLG-PD 25.37 0.01 0.0% 7.76% 7.8%
6.85
VNO-PE VNO Preferred 30-Mar 25.55 - - - - - N/A - ∞% - VNO-PE 25.35 0.20 0.8% 6.85% 7.6%
BXP Boston Props 30-Mar 104.99 3.59 81.52 112.84 56.45 2.10 32.85 3.20 103.64 1.31% 10.20 BXP 99.60 5.39 5.4% 2.10% 7.5%
GLD Gold ETF 30-Mar 162.12 - 139.45 185.85 - - - N/A 165.30 -1.92% - GLD 151.99 10.13 6.7% 0.00% 6.7%
6.69
VNO-PF VNO Preferred 30-Mar 25.22 - - - - - N/A - ∞% - VNO-PF 25.37 (0.15) -0.6% 6.69% 6.1%
XOM Exxon Mobil 30-Mar 86.73 1.48 67.03 88.13 10.30 2.20 32.61 2.66 86.04 0.80% 2.30 XOM 84.76 1.97 2.3% 2.20% 4.5%
VZ Verizon 30-Mar 38.23 1.24 32.28 40.48 44.98 5.20 12.69 3.01 38.73 -1.30% 3.70 VZ 40.12 (1.89) -4.7% 5.20% 0.5%
EEP Enbridge MLP 30-Mar 30.97 2.99 24.66 34.58 15.61 6.90 13.65 2.27 31.91 -2.94% 2.30 EEP 33.19 (2.22) -6.7% 6.90% 0.2%
FPO First Potomac REIT 30-Mar 12.09 2.21 11.31 16.81 - 6.60 11.07 1.09 13.09 -7.66% 7.90 FPO 13.05 (0.96) -7.4% 6.60% -0.8%
CCIF Portfolio Totals 2,832.22 2,399.28 432.94 18.04% 2.50% 20.39%
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