Bought Aegon N.V. (AEG)

We bought Aegon N.V. (AEG), an insurance company based out of Netherlands but with a sizeable U.S. presence. About 50% of the business is originated in the Americas and the exposure of its investment portfolio on sub prime mortgages is contained at about 4% of the total portfolio. The company also offers a good dividend yield.

Below is our updated portfolio:

Stock	Buy Date	Buy Price	Current Price	Current % Of Portfolio	Unrealized % Return	Yield as % of BOY Portfolio Value Plus Deposits
Altria (MO)	Various	16.69	21.29	3.38	27.60	0.16
Philip Morris International (MO)	1/4/2005	32.19	51.07	5.83	58.64	0.18
Kraft Foods (KFT)	Various	24.03	30.37	3.21	26.36	0.11
Plum Creek Timber (PCL)	5/12/2005	35.5	42.70	6.77	20.27	0.26
Pfizer (PFE)	Various	24.37	20.23	5.35	(16.98)	0.32
ICICI Bank (IBN)	5/18/2006	27.57	45.38	7.20	64.58	0.08
Taiwan Semi (TSM)	7/27/2006	8.71	10.95	5.79	25.93	0.18
Advantage Energy Fund (AAV)	11/2/2006	11.22	12.30	4.23	9.58	0.47
SunTech Power (STP) Call Value	3/14/2007	36.73	44.69	4.73	21.69	None
Central Europe & Russia Fund (CEE)	Various	51.03	50.73	5.37	(0.59)	1.04
Patni Computers (PTI)	8/10/2007	20.85	12.78	3.38	(38.75)	0.04
Itron Inc. (ITRI)	11/07/2007	85.01	103.62	5.48	21.75	None
Anthracite (AHR)	11/09/2007	7.97	7.75	4.10	(2.76)	0.60
ClickSoftware (CKSW)	11/09/2007	4.61	2.99	1.59	(34.93)	None
Harvest Energy (HTE)	11/28/2007	21.01	23.04	4.87	9.64	0.74
iRobot (IRBT)	12/18/2007	18.65	16.16	3.42	(12.61)	None
MCG Capital (MCGC)	Various	10.86	7.50	3.17	(30.95)	0.74
LDK Solar (LDK)	01/22/2008	30.49	31.80	5.05	4.29	None
EMC Corporation (EMC)	04/08/2008	15.00	15.75	5.00	5.03	None
Aegon N.V. (AEG)	04/28/2008	15.99	16.06	5.10	0.46	0.30
Cash				7.42
Total Portfolio					5.82	5.21

• For EMC Corporation (EMC), we wrote covered calls for 2008 May 17 on 4/23/2008 at $0.57.
• For SunTech Power (STP), we wrote covered calls for 2008 June 45 on 4/1/2008 at $4.30.
• For Taiwan Semi (TSM), we wrote covered calls for 2008 October 12.5 on 4/21/2008 at $0.45.
• For Altria and Philip Morris International, assumed spin-off ratio of 30.83:69.17. Altria is yet to supply the cost-basis info