Fund Literature:
Important Information About Sextant Bond Income Fund:
Sextant Bond Income Fund (SBIFX): Portfolio Holdings
Top Ten Portfolio Holdings
| As of 12/31/2011 | Percent of Fund Assets |
| American Municipal Power Ohio Rev. | 4.5% |
| Merck & Co. Inc (Schering) | 4.3% |
| Canadian Natural Resources | 4.2% |
| Boeing | 3.9% |
| Johnson Co. KS Bldg. Ls./Pr. Rev. BAB | 3.8% |
| Teva Pharmaceutical | 3.7% |
| Springville UT GO BAB | 3.7% |
| Bank of Nova Scotia Yankee | 3.6% |
| Quebec Canada Yankee | 3.5% |
| Entergy Louisiana | 3.3% |
| Total | 38.5% |
